                                 CODE OF VIRGINIA

DEFINITION (§ 6.2-912)

As used in this article, &#8220;insolvent&#8221; or &#8220;insolvency&#8221;
means incapable of meeting the current demands of creditors or having
liabilities which, in total, exceed the book value of assets.

HISTORY: Code 1950, § 6-114; 1966, c. 584, § 6.1-100; 1983, c. 507; 2010, c.
794; 2018, c. 257.