2006 Code of Virginia § 38.2-1050 - Voluntary deposit in excess of amount required

38.2-1050. Voluntary deposit in excess of amount required.

Any domestic insurer, in order to comply with the laws of any other state orof the United States, may make a voluntary deposit with the State Treasurerin excess of the amount required by 38.2-1045. This excess deposit shall besubject to all other applicable provisions of the laws of this Commonwealthrelating to the deposits of insurers. However, this excess deposit shall befor the protection of all the insurer's policyholders and general creditors,notwithstanding the provisions of 38.2-1046.

(Code 1950, 38-41; 1952, c. 317, 38.1-114; 1966, c. 263; 1986, c. 562.)