38.2-4015 - Certificate to specify amount of payment and when to be paid. - Virginia Statutes

§ 38.2-4015. Certificate to specify amount of payment and when to be paid.

Each certificate issued by any burial society shall specify the sum of moneypayable upon the occurrence of the risk insured against. The amount payableshall not be larger than one assessment upon the entire membership. Eachcertificate shall also state that within thirty days after due proof of theoccurrence of the insured risk, payment shall be made.

(Code 1950, §§ 38-145, 38-450; 1952, c. 317, §§ 38.1-544, 38.1-555; 1986, c.562.)