                                 CODE OF VIRGINIA

CATEGORY 2 INVESTMENTS LIMITS (§ 38.2-1403)

The value of Category 2 investments shall be excluded from the value of admitted
assets to the extent the value of Category 2 investments exceeds seventy-five
percent of the amount by which an insurer&#8217;s surplus to policyholders
exceeds its minimum capital and surplus.

HISTORY: 1983, c. 457, § 38.1-217.4; 1986, c. 562; 1992, c. 588; 1998, c. 414.