                                 CODE OF VIRGINIA

INVESTMENTS (§ 38.2-4309)

A health maintenance organization may invest in any Category 1 investment as
defined in Chapter 14 of this title or any other investment the Commission may
permit pursuant to provisions in Chapter 14 (§ 38.2-1400 et seq.) of this
title. For investments made prior to July 1, 1998, by a health maintenance
organization which is licensed on and after June 30, 1998, July 1, 1998 may be
deemed the date of investment.

HISTORY: 1980, c. 720, § 38.1-873; 1986, c. 562; 1998, c. 42.