Article 7 Deposits

This article is comprised of the following sections:
  • §38.2-1045 Deposits required of insurers generally
  • §38.2-1046 Purpose of deposits; enforcement of lien
  • §38.2-1047 How deposits applied to payment of claims; deficit to be made good
  • §38.2-1048 Return of deposits
  • §38.2-1049 Alternate deposit requirements
  • §38.2-1050 Voluntary deposit in excess of amount required
  • §38.2-1051 Repealed
  • §38.2-1052 Exchange of securities
  • §38.2-1053 Interest on deposits; to whom paid
  • §38.2-1054 Duty of State Treasurer when securities deposited are paid
  • §38.2-1055 Annual report of State Treasurer to Commission
  • §38.2-1056 Treasurer to receipt for deposits; responsibility of Commonwealth; taxation of deposited bonds
  • §38.2-1057 Assessment for expense of holding deposits; Insurance Collateral Assessment Fund
  • §38.2-1058 Felony for State Treasurer to dispose of securities illegally