<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>58210</law_id><section_number>38.2-1442</section_number><catch_line>Guaranty association obligations</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>38.2-1405</reference><reference>38.2-4214</reference><reference>38.2-4509</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="38.2">Insurance</unit><unit label="chapter" level="2" order_by="1" identifier="14">Investments</unit><unit label="article" level="3" order_by="1" identifier="2">Category 1 Investments</unit></structure><text>
						<section><p>A domestic <span class="dictionary">insurer</span> may invest in any <span class="dictionary">obligation</span> not in <span class="dictionary">default</span> of the Virginia Life, Accident and Sickness <span class="dictionary">Insurance</span> Guaranty Association issued pursuant to subdivision L 3 of &#xA7;&#xA0;<a class="law" title="Powers and duties of Association" href="/38.2-1704/">38.2-1704</a> or the Virginia Property and Casualty <span class="dictionary">Insurance</span> Guaranty Association issued pursuant to subdivision 2 of subsection B of &#xA7;&#xA0;<a class="law" title="Duties and powers of Association" href="/38.2-1606/">38.2-1606</a>.</p></section></text><history>1986, c. 562; 2010, c. 510.</history><metadata></metadata></law>
