No insurer holding the proceeds of any policy mentioned in § 38.2-3118 shall be required to segregate the proceeds but may hold them as a part of its general corporate funds.
Va. Code Ann. § 38.2-3121
Segregation of proceeds not required
Code 1950, § 38-118; 1952, c. 317, § 38.1-447; 1986, c. 562.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.