§ 54.1-2118 Payment of claim; assignment of claimant’s rights to Board
The Director shall, subject to the provisions of § 54.1-2116, pay to the claimant from the fund such amount as shall be directed by the Board upon the execution and delivery to the Director by such claimant of an assignment to the Board of the claimant’s rights against the regulant to the extent that such rights were satisfied from the fund.
History
This law was first created in 1977. The record of its establishment is cataloged in chapter 69 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1977 “Acts” aren’t available online. It has been modified 2 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1987, chapter 555; in 1988, chapter 765.
1977, c. 69, § 54-765.7; 1987, c. 555; 1988, c. 765.