Code of Virginia
Chapter 14 - Investments
§ 38.2-1405. Dates of determination

A. The classification by investment category of each investment, based on type of investment as set forth in §§ 38.2-1415 through 38.2-1442, inclusive, shall be determined as of the date of investment.
B. In applying any percentage limitations based on the insurer's total admitted assets or surplus to policyholders, there shall be used as a base, without regard to percentage limitations, those assets or surplus to policyholders as shown by the insurer's most recent annual or quarterly statement on file with the Commission pursuant to §§ 38.2-1300 and 38.2-1301.
1983, c. 457, § 38.1-217.6; 1986, c. 562; 1992, c. 588.

Structure Code of Virginia

Code of Virginia

Title 38.2 - Insurance

Chapter 14 - Investments

§ 38.2-1400. Scope and purpose of chapter

§ 38.2-1401. Definitions

§ 38.2-1402. Authority to invest; classification of investments by category

§ 38.2-1403. Category 2 investments limits

§ 38.2-1404. Classification of existing investments

§ 38.2-1405. Dates of determination

§ 38.2-1406. Investment conversions

§ 38.2-1407. Prohibited investments

§ 38.2-1408. Authorization of investments

§ 38.2-1409. Powers with respect to property

§ 38.2-1410. Items not deemed to be prior liens or encumbrances

§ 38.2-1411. Repealed

§ 38.2-1411.1. Investment limits generally

§ 38.2-1411.2. Investment limits in medium grade and lower grade obligations

§ 38.2-1412. Scope of article

§ 38.2-1413. Investment limits for one obligor, one issue or one loan

§ 38.2-1414. Limits by type of investment

§ 38.2-1415. Obligations of domestic governmental entities

§ 38.2-1416. Canadian governmental obligations

§ 38.2-1417. Canadian corporate obligations

§ 38.2-1418. Obligations of certain international agencies

§ 38.2-1419. Railroad terminal and other securities

§ 38.2-1420. Transportation equipment trust certificates

§ 38.2-1421. Business entity obligations

§ 38.2-1422. Obligations secured by certain leases

§ 38.2-1423. Preferred stocks

§ 38.2-1424. Guaranteed stocks

§ 38.2-1425. Common stock of banks or trust companies

§ 38.2-1426. Application of earnings tests

§ 38.2-1427. Common stock; covered call options

§ 38.2-1427.1. Limited partnerships

§ 38.2-1427.2. Investment company shares and units of beneficial interest

§ 38.2-1427.3. Investment authority; subsidiary corporations

§ 38.2-1428. Derivative instruments

§ 38.2-1429. Lending of securities

§ 38.2-1430. Collateral loans

§ 38.2-1431. Policy loans

§ 38.2-1432. Savings, certificates, etc.

§ 38.2-1433. Foreign securities

§ 38.2-1434. Mortgage loans

§ 38.2-1435. Second mortgages; wrap-around mortgages

§ 38.2-1436. Mortgage participations

§ 38.2-1437. Limitations on mortgages

§ 38.2-1437.1. Mortgage pass-through securities

§ 38.2-1438. Renewals and extensions when value of property decreases

§ 38.2-1439. Chattel mortgages

§ 38.2-1440. Investment in personal property

§ 38.2-1441. Real estate

§ 38.2-1442. Guaranty association obligations

§ 38.2-1443. Investment of amounts allocated to separate accounts for variable life insurance and variable annuities

§ 38.2-1443.1. Investment of amounts allocated to separate accounts for modified guaranteed life insurance, modified guaranteed annuities, and funding agreements

§ 38.2-1444. Establishment of separate accounts for pension, retirement or profit-sharing plans; investment of funds in such accounts

§ 38.2-1445. Separate accounts deemed Category 1 investments

§ 38.2-1446. Prohibition of hypothecation

§ 38.2-1447. Exception