54.1-1125 - Assignment of claimant's rights to Board; payment of claim. - Virginia Statutes

§ 54.1-1125. Assignment of claimant's rights to Board; payment of claim.

Subject to the provisions of § 54.1-1123 upon the claimant's execution anddelivery to the Director of an assignment to the Board of his rights againstthe regulant, to the extent he received satisfaction from the Fund, theDirector shall pay the claimant from the Fund the amount ordered by the Board.

(1980, c. 635, § 54-145.3:7; 1987, c. 555; 1988, c. 765; 1997, c. 885.)