Virginia Statutes

§ 38.2-107.1 — Modified guaranteed annuity

Virginia § 38.2-107.1
JurisdictionVirginia
Title 38.2INSURANCE
Ch. 1GENERAL PROVISIONS
Art. 2INSURANCE CLASSIFIED AND DEFINED

This text of Virginia § 38.2-107.1 (Modified guaranteed annuity) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 38.2-107.1 (2026).

Text

"Modified guaranteed annuity" means any agreement or contract for an annuity in which the benefits are guaranteed if held for specified periods and nonforfeiture values are based upon a market-value adjustment formula if held for shorter periods. The formula may or may not reflect the investment experience of any separate account which may be maintained by the insurer for the agreement or contract as provided for in § 38.2-3113.1.

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Legislative History

1992, c. 210.

Nearby Sections

15
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Bluebook (online)
Virginia § 38.2-107.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-107.1.