Va. Code § 38.2-4604

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

Section 38.2-4604 - Investment in plant and equipment

Notwithstanding the provisions of Chapter 14 of this title, any domestic title insurance company may invest in title records and equipment; however, the reporting of all such amounts as an admitted asset shall be subject to the valuation restrictions as provided for in the National Association of Insurance Commissioners accounting practices and procedures manuals.

Code 1950, § 38-236; 1952, c. 317, § 38.1-724; 1983, c. 457; 1986, c. 562; 2000, c. 46.

Amended by Acts 2000, § c.46.

Amended by Acts 1986, § c. 562.

Amended by Acts 1983, § c. 457.

Amended by Acts 1952, § c. 317, § 38.1-724.