                                 CODE OF VIRGINIA

RIGHTS AND LIABILITIES FIXED UPON LIQUIDATION (§ 38.2-1512)

The rights and liabilities of an insurer and of its creditors, policyholders,
stockholders, members, and all other persons interested in the property and
assets of the insurer, shall be fixed as of the date of the entry of the order
directing the liquidation of the insurer unless otherwise provided by law. The
rights of claimants holding contingent claims on that date shall be determined
by this chapter.

HISTORY: 1952, c. 317, § 38.1-136; 1986, c. 562.