38.2-3920 - Surplus to policyowners. - Virginia Statutes

§ 38.2-3920. Surplus to policyowners.

A. A mutual assessment life, accident and sickness insurer shall have aminimum surplus to policyowners of $100,000.

B. In order to write the classes of insurance referred to in Category C of §38.2-3902, minimum surplus to policyowners shall be $800,000.

(1985, c. 400, § 38.1-549.21; 1986, c. 562.)