Surplus to policyowners

Va. Code Ann. § 38.2-3920
in effect
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A. A mutual assessment life, accident and sickness insurer shall have a minimum 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/38.2-3920/Fetched: 10/16/2026

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