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2014 Virginia Code
Title 38.2 - Insurance
§ 38.2-3507. Third-party ownership


VA Code § 38.2-3507 (2014) What's This?

The word "insured," as used in this article, shall not be construed to prevent a person with a proper insurable interest from applying for and owning a policy covering another person or from being entitled to any indemnities, benefits and rights provided under the policy.

1952, c. 317, ยง 38.1-353; 1986, c. 562.

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