Article 2 Proceeds of Certain Policies

This article is comprised of the following sections:
  • §38.2-3118 Spendthrift trusts created under life insurance policies
  • §38.2-3119 Limitation on § 38.2-3118
  • §38.2-3120 Repealed
  • §38.2-3121 Segregation of proceeds not required
  • §38.2-3122 Proceeds and avails of life insurance policies and annuity contracts free of certain claims
  • §38.2-3122.1 Annuity contract purchased to fund retirement benefits; protection from creditor’s claims
  • §38.2-3123 Repealed
  • §38.2-3124 Protection of insurers from creditor’s claims
  • §38.2-3125 Other rights of beneficiaries and assignees protected