Virginia Decodedhttps://vacode.org5697938.2-3121Segregation of proceeds not required2025InsuranceLife InsuranceProceeds of Certain Policies

No insurer holding the proceeds of any policy mentioned in § 38.2-3118 shall be required to segregate the proceeds but may hold them as a part of its general corporate funds.

Code 1950, § 38-118; 1952, c. 317, § 38.1-447; 1986, c. 562.