2006 Code of Virginia § 38.2-1420 - Transportation equipment trust certificates

38.2-1420. Transportation equipment trust certificates.

A domestic insurer may invest in adequately secured equipment trustcertificates or other adequately secured instruments evidencing (i) aninterest in transportation equipment wholly or partly within the UnitedStates and (ii) a right to receive determined portions of rental, purchase orother fixed obligatory payments for the use or purchase of the transportationequipment.

(1983, c. 457, 38.1-217.23; 1986, c. 562.)

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