Va. Code § 6.2-912

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

Section 6.2-912 - Definition

As used in this article, "insolvent" or "insolvency" means incapable of meeting the current demands of creditors or having liabilities which, in total, exceed the book value of assets.

Va. Code § 6.2-912

Code 1950, § 6-114; 1966, c. 584, § 6.1-100; 1983, c. 507; 2010, c. 794; 2018, c. 257.

Amended by Acts 2018 c. 257, § 1, eff. 7/1/2018.