Article 2 Category 1 Investments

This article is comprised of the following sections:
  • §38.2-1412 Scope of article
  • §38.2-1413 Investment limits for one obligor, one issue or one loan
  • §38.2-1414 Limits by type of investment
  • §38.2-1415 Obligations of domestic governmental entities
  • §38.2-1416 Canadian governmental obligations
  • §38.2-1417 Canadian corporate obligations
  • §38.2-1418 Obligations of certain international agencies
  • §38.2-1419 Railroad terminal and other securities
  • §38.2-1420 Transportation equipment trust certificates
  • §38.2-1421 Business entity obligations
  • §38.2-1422 Obligations secured by certain leases
  • §38.2-1423 Preferred stocks
  • §38.2-1424 Guaranteed stocks
  • §38.2-1425 Common stock of banks or trust companies
  • §38.2-1426 Application of earnings tests
  • §38.2-1427 Common stock; covered call options
  • §38.2-1427.1 Limited partnerships
  • §38.2-1427.2 Investment company shares and units of beneficial interest
  • §38.2-1427.3 Investment authority; subsidiary corporations
  • §38.2-1428 Derivative instruments
  • §38.2-1429 Lending of securities
  • §38.2-1430 Collateral loans
  • §38.2-1431 Policy loans
  • §38.2-1432 Savings, certificates, etc
  • §38.2-1433 Foreign securities
  • §38.2-1434 Mortgage loans
  • §38.2-1435 Second mortgages; wrap-around mortgages
  • §38.2-1436 Mortgage participations
  • §38.2-1437 Limitations on mortgages
  • §38.2-1437.1 Mortgage pass-through securities
  • §38.2-1438 Renewals and extensions when value of property decreases
  • §38.2-1439 Chattel mortgages
  • §38.2-1440 Investment in personal property
  • §38.2-1441 Real estate
  • §38.2-1442 Guaranty association obligations