Va. Code § 38.2-1431

Current with changes from the 2024 legislative session through ch. 845

Section 38.2-1431 - Policy loans

A domestic insurer issuing life insurance policies or annuities may loan any sum not exceeding the cash surrender value specified in the policy to its policyholder upon the pledge of the policy as collateral.

1983, c. 457, § 38.1-217.34; 1986, c. 562.

Amended by Acts 1986, § c. 562.

Amended by Acts 1983, § c. 457, § 38.1-217.34.