Virginia Statutes
§ 38.2-1427.3 — Investment authority; subsidiary corporations
Virginia § 38.2-1427.3
This text of Virginia § 38.2-1427.3 (Investment authority; subsidiary corporations) 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. § 38.2-1427.3 (2026).
Text
A domestic insurer may invest in common stock, preferred stock, debt obligations, and other securities of a subsidiary.
For investments in subsidiary corporations made prior to July 1, 1995, July 1, 1995, may be deemed the date of investment.
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Legislative History
1992, c. 588; 1993, c. 47; 1995, c. 60.
Nearby Sections
15
§ 38.2-100
Definitions§ 38.2-1000
Incorporation of domestic stock insurers§ 38.2-1001
Incorporation of domestic mutual insurers§ 38.2-1004
Voting§ 38.2-1005
Certain mutual companies and societies not to become stock companies without approval of Commission§ 38.2-1005.1:1
Definitions§ 38.2-1005.1:10
Conflicts of interest§ 38.2-1005.1:11
Costs and expenses§ 38.2-1005.1:12
Failure to give notice§ 38.2-1005.1:13
Limitation on actionsCite This Page — Counsel Stack
Bluebook (online)
Virginia § 38.2-1427.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-1427.3.