Investment of amounts allocated to separate accounts for variable life insurance and variable annuities

Va. Code Ann. § 38.2-1443
in effect
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The amounts allocated to separate accounts for variable life insurance and variable annuities, pursuant to the provisions of § 38.2-3113 , and accumulations on them, may be invested and reinvested by a domestic insurer in any type of Category 1 investment. Any percentage limitations based on the insurer's total admitted assets or surplus to policyholders shall not apply to investments made pursuant to this section. 1983, c. 457, § 38.1-217.45; 1986, c. 562; 1992, c. 588.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/38.2-1443/Fetched: 10/16/2026

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