{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/38.2-4121.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/38.2-4121.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/38.2-4121.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/38.2-4121.html"}],"law_id":78640,"edition_id":1,"section_id":78640,"structure_id":15699,"section_number":"38.2-4121","catch_line":"Investments","history":"Code 1950, \u00a7\u00a7 38-307, 38.1-623; 1952, c. 317, \u00a7 38.1-638.43; 1968, c. 654; 1986, c. 562.","full_text":"A society shall invest its funds only in investments authorized by Chapter 14 of this title for the investment of assets of life insurers and subject to the limitations thereon. Any foreign or alien society permitted or seeking to do business in this Commonwealth which invests its funds in accordance with the laws of the state, district, territory, country or province in which it is incorporated, shall be held to meet the requirements of this section for the investment of funds.","order_by":null,"text":{"0":{"id":281793,"text":"A society shall invest its funds only in investments authorized by Chapter 14 of this title for the investment of assets of life insurers and subject to the limitations thereon. Any foreign or alien society permitted or seeking to do business in this Commonwealth which invests its funds in accordance with the laws of the state, district, territory, country or province in which it is incorporated, shall be held to meet the requirements of this section for the investment of funds.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15699,"edition_id":1,"name":"Financial Requirements","identifier":"5","label":"article","depth":3,"order_by":1,"parent_id":13775,"metadata":{},"date_created":"2026-06-26 03:58:04","date_modified":"2026-06-26 03:58:04","permalink":{"id":216585,"object_type":"structure","relational_id":15699,"identifier":"5","token":"38.2\/41\/5","url":"\/38.2\/41\/5\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13775,"edition_id":1,"name":"Fraternal Benefit Societies","identifier":"41","label":"chapter","depth":2,"order_by":1,"parent_id":12698,"metadata":{},"date_created":"2026-06-26 03:45:51","date_modified":"2026-06-26 03:45:51","permalink":{"id":216491,"object_type":"structure","relational_id":13775,"identifier":"41","token":"38.2\/41","url":"\/38.2\/41\/","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":78640,"structure_id":15699,"section_number":"38.2-4121","catch_line":"Investments","url":"\/38.2-4121\/","token":"38.2\/41\/5\/38.2-4121","metadata":false},{"id":60145,"structure_id":15699,"section_number":"38.2-4122","catch_line":"Funds","url":"\/38.2-4122\/","token":"38.2\/41\/5\/38.2-4122","metadata":false}],"next_section":{"id":60145,"structure_id":15699,"section_number":"38.2-4122","catch_line":"Funds","url":"\/38.2-4122\/","token":"38.2\/41\/5\/38.2-4122","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-4121\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 3 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 1952, chapter 317; in 1968, chapter 654; in 1986, chapter 562.<\/p>","references":false,"refers_to":false,"permalink":{"id":216587,"object_type":"law","relational_id":78640,"identifier":"38.2-4121","token":"38.2\/41\/5\/38.2-4121","url":"\/38.2-4121\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/38.2-4121\/","token":"38.2\/41\/5\/38.2-4121","dublin_core":{"Title":"Investments","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-4121","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A society<\/span> shall invest its funds only in investments authorized by Chapter 14 of this title for the investment of assets<\/span> of life insurers<\/span> and subject to the limitations thereon. Any foreign or alien society<\/span> permitted or seeking to do business in this Commonwealth which invests its funds in accordance with the laws<\/span><\/span> of the state<\/span>, district, territory, country or province in which it is incorporated, shall be held to meet the requirements of this section for the investment of funds.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nINVESTMENTS (\u00a7 38.2-4121)\n\nA society shall invest its funds only in investments authorized by Chapter 14 of\nthis title for the investment of assets of life insurers and subject to the\nlimitations thereon. Any foreign or alien society permitted or seeking to do\nbusiness in this Commonwealth which invests its funds in accordance with the\nlaws of the state, district, territory, country or province in which it is\nincorporated, shall be held to meet the requirements of this section for the\ninvestment of funds.\n\nHISTORY: Code 1950, \u00a7\u00a7 38-307, 38.1-623; 1952, c. 317, \u00a7 38.1-638.43; 1968,\nc. 654; 1986, c. 562.","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}}