Virginia Statutes

§ 38.2-3227 — Inclusion of lapse of time considerations

Virginia § 38.2-3227
JurisdictionVirginia
Title 38.2INSURANCE
Ch. 32STANDARD NONFORFEITURE PROVISIONS FOR LIFE INSURANCE

This text of Virginia § 38.2-3227 (Inclusion of lapse of time considerations) 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. § 38.2-3227 (2026).

Text

Any paid-up annuity, cash surrender or death benefits available at any time, other than on the contract anniversary under any contract with fixed scheduled considerations, shall be calculated with allowance for a lapse of time and the payment of any scheduled considerations beyond the beginning of the contract year in which cessation of payment of considerations under the contract occurs.

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Legislative History

1979, c. 437, § 38.1-470.1; 1986, c. 562.

Nearby Sections

15
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Bluebook (online)
Virginia § 38.2-3227, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-3227.