                                 CODE OF VIRGINIA

PAYMENTS BECOME LIENS ON SOCIETY&#8217;S PROPERTY (§ 38.2-4016)

Upon the occurrence of the risk insured against, the burial society shall be
obligated to the beneficiary for payment of the claim unless the contract is
invalid because of fraud or other reason. This indebtedness shall be a lien upon
all the property, effects and bills receivable of the society. This indebtedness
shall have priority over all future incurred indebtedness, except as provided in
this chapter in the case of the distribution of assets of an insolvent
corporation, and as to rights of third parties.

HISTORY: Code 1950, §§ 38-145, 38-451; 1952, c. 317, §§ 38.1-545, 38.1-555;
1986, c. 562.