Virginia Statutes

§ 38.2-3218 — Same; in policies subsequently issued

Virginia § 38.2-3218
JurisdictionVirginia
Title 38.2INSURANCE
Ch. 32STANDARD NONFORFEITURE PROVISIONS FOR LIFE INSURANCE

This text of Virginia § 38.2-3218 (Same; in policies subsequently issued) 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. § 38.2-3218 (2026).

Text

For policies issued on or after the operative date stated in § 38.2-3214, the loan value referred to in former § 38.1-397 or § 38.2-3308, whichever applies, shall be the cash surrender value at the end of the current policy year required by § 38.2-3202. The insurer shall have the right to defer for up to six months after application for the loan is made a loan on the policy, except when made to pay premiums to the insurer.

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Legislative History

Code 1950, § 38-385; 1952, c. 317, § 38.1-470; 1986, c. 562.

Nearby Sections

15
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Bluebook (online)
Virginia § 38.2-3218, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-3218.