Virginia Statutes
§ 38.2-3309 — Nonforfeiture benefits and cash surrender values
Virginia § 38.2-3309
JurisdictionVirginia
Title 38.2INSURANCE
Ch. 33LIFE INSURANCE POLICIES
Art. 1LIFE INSURANCE POLICIES; ANNUITIES
This text of Virginia § 38.2-3309 (Nonforfeiture benefits and cash surrender values) 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. § 38.2-3309 (2026).
Text
A.Each individual life insurance policy shall contain a provision for nonforfeiture benefits. The provision shall specify the options to which the policyowner is entitled, in accordance with the requirements of § 38.2-3202.
B.Each individual life insurance policy shall have a provision for cash surrender values in accordance with the requirements of § 38.2-3203.
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Legislative History
Code 1950, § 38-371(7), (8); 1950, p. 180; 1952, c. 317, § 38.1-398; 1986, c. 562.
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 § 38.2-3309, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/38.2/38.2-3309.