Virginia § 38.2-107.1 - Modified guaranteed annuity
Full text of Virginia Code of Virginia § 38.2-107.1 — Modified guaranteed annuity, with citation guidance and answers to common questions.
§ 38.2-107.1. Modified guaranteed annuity
"Modified guaranteed annuity" means any agreement or contract for an annuity in which the benefits are guaranteed if held for specified periods and nonforfeiture values are based upon a market-value adjustment formula if held for shorter periods. The formula may or may not reflect the investment experience of any separate account which may be maintained by the insurer for the agreement or contract as provided for in § 38.2-3113.1.
1992, c. 210.
Frequently Asked Questions About Virginia § 38.2-107.1
What does Code of Virginia § 38.2-107.1 cover?
Section 38.2-107.1 ("Modified guaranteed annuity") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 38.2-107.1?
A common citation format is "Code of Virginia § 38.2-107.1" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 38.2-107.1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.