38.2-3121 - Segregation of proceeds not required.

§ 38.2-3121. Segregation of proceeds not required.

No insurer holding the proceeds of any policy mentioned in § 38.2-3118 shallbe required to segregate the proceeds but may hold them as a part of itsgeneral corporate funds.

(Code 1950, § 38-118; 1952, c. 317, § 38.1-447; 1986, c. 562.)