There is a newer version of the Code of Virginia
2015 Code of Virginia
Title 38.2 - Insurance
§ 38.2-1427.3. Investment authority; subsidiary corporations
VA Code § 38.2-1427.3 (2015) What's This?
A domestic insurer may invest in common stock, preferred stock, debt obligations, and other securities of a subsidiary.
For investments in subsidiary corporations made prior to July 1, 1995, July 1, 1995, may be deemed the date of investment.
1992, c. 588; 1993, c. 47; 1995, c. 60.
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