{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-1443.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-1443.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-1443.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-1443.html"}],"law_id":55404,"edition_id":1,"section_id":55404,"structure_id":14211,"section_number":"38.2-1443","catch_line":"Investment of amounts allocated to separate accounts for variable life insurance and variable annuities","history":"1983, c. 457, \u00a7 38.1-217.45; 1986, c. 562; 1992, c. 588.","full_text":"The amounts allocated to separate accounts for variable life insurance and variable annuities, pursuant to the provisions of \u00a7 38.2-3113, and accumulations on them, may be invested and reinvested by a domestic insurer in any type of Category 1 investment. Any percentage limitations based on the insurer&#8217;s total admitted assets or surplus to policyholders shall not apply to investments made pursuant to this section.","order_by":null,"text":{"0":{"id":203125,"text":"The amounts allocated to separate accounts for variable life insurance and variable annuities, pursuant to the provisions of \u00a7 38.2-3113, and accumulations on them, may be invested and reinvested by a domestic insurer in any type of Category 1 investment. Any percentage limitations based on the insurer&#8217;s total admitted assets or surplus to policyholders shall not apply to investments made pursuant to this section.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14211,"edition_id":1,"name":"Separate Accounts","identifier":"3","label":"article","depth":3,"order_by":1,"parent_id":13282,"metadata":{},"date_created":"2026-06-26 03:47:17","date_modified":"2026-06-26 03:47:17","permalink":{"id":212089,"object_type":"structure","relational_id":14211,"identifier":"3","token":"38.2\/14\/3","url":"\/38.2\/14\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13282,"edition_id":1,"name":"Investments","identifier":"14","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:44:34","date_modified":"2026-06-26 03:44:34","permalink":{"id":211887,"object_type":"structure","relational_id":13282,"identifier":"14","token":"38.2\/14","url":"\/38.2\/14\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12698,"edition_id":1,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":210661,"object_type":"structure","relational_id":12698,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":55404,"structure_id":14211,"section_number":"38.2-1443","catch_line":"Investment of amounts allocated to separate accounts for variable life insurance and variable annuities","url":"\/38.2-1443\/","token":"38.2\/14\/3\/38.2-1443","metadata":false},{"id":63632,"structure_id":14211,"section_number":"38.2-1443.1","catch_line":"Investment of amounts allocated to separate accounts for modified guaranteed life insurance, modified guaranteed annuities, and funding agreements","url":"\/38.2-1443.1\/","token":"38.2\/14\/3\/38.2-1443.1","metadata":false},{"id":58369,"structure_id":14211,"section_number":"38.2-1444","catch_line":"Establishment of separate accounts for pension, retirement or profit-sharing plans; investment of funds in such accounts","url":"\/38.2-1444\/","token":"38.2\/14\/3\/38.2-1444","metadata":false},{"id":67719,"structure_id":14211,"section_number":"38.2-1445","catch_line":"Separate accounts deemed Category 1 investments","url":"\/38.2-1445\/","token":"38.2\/14\/3\/38.2-1445","metadata":false}],"next_section":{"id":63632,"structure_id":14211,"section_number":"38.2-1443.1","catch_line":"Investment of amounts allocated to separate accounts for modified guaranteed life insurance, modified guaranteed annuities, and funding agreements","url":"\/38.2-1443.1\/","token":"38.2\/14\/3\/38.2-1443.1","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-1443\/","history_text":"<p>This law was first created in 1983. The record of its establishment is cataloged in chapter 457 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1983 \u201cActs\u201d aren\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1986, chapter 562; in 1992, chapter 588.<\/p>","references":[{"id":57145,"section_number":"38.2-1401","catch_line":"Definitions","order_by":null,"url":"\/38.2-1401\/"},{"id":78849,"section_number":"38.2-1412","catch_line":"Scope of article","order_by":null,"url":"\/38.2-1412\/"},{"id":60145,"section_number":"38.2-4122","catch_line":"Funds","order_by":null,"url":"\/38.2-4122\/"}],"refers_to":[{"id":57329,"section_number":"38.2-3113","catch_line":"Variable life insurance and variable annuities; separate accounts to be established; authority to issue; reports; special voting rights and procedures for owners","order_by":null,"url":"\/38.2-3113\/"}],"permalink":{"id":212091,"object_type":"law","relational_id":55404,"identifier":"38.2-1443","token":"38.2\/14\/3\/38.2-1443","url":"\/38.2-1443\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-1443\/","token":"38.2\/14\/3\/38.2-1443","dublin_core":{"Title":"Investment of amounts allocated to separate accounts for variable life insurance and variable annuities","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-1443","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>The amounts allocated to separate accounts for variable life <span class=\"dictionary\">insurance<\/span> and variable annuities, pursuant to the provisions of \u00a7&nbsp;<a class=\"law\" title=\"Variable life insurance and variable annuities; separate accounts to be established; authority to issue; reports; special voting rights and procedures for owners\" href=\"\/38.2-3113\/\">38.2-3113<\/a>, and accumulations on them, may be invested and reinvested by a domestic <span class=\"dictionary\">insurer<\/span> in any type of Category 1 investment. Any percentage limitations based on the <span class=\"dictionary\">insurer<\/span>&#8217;s total admitted <span class=\"dictionary\">assets<\/span> or <span class=\"dictionary\">surplus to policyholders<\/span> shall not apply to investments made pursuant to this section.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nINVESTMENT OF AMOUNTS ALLOCATED TO SEPARATE ACCOUNTS FOR VARIABLE LIFE INSURANCE\nAND VARIABLE ANNUITIES (\u00a7 38.2-1443)\n\nThe amounts allocated to separate accounts for variable life insurance and\nvariable annuities, pursuant to the provisions of \u00a7 38.2-3113, and\naccumulations on them, may be invested and reinvested by a domestic insurer in\nany type of Category 1 investment. Any percentage limitations based on the\ninsurer&#8217;s total admitted assets or surplus to policyholders shall not\napply to investments made pursuant to this section.\n\nHISTORY: 1983, c. 457, \u00a7 38.1-217.45; 1986, c. 562; 1992, c. 588.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}