Code of VirginiaTitle 38.2. Insurance8/8/2020 Chapter 32. Standard Nonforfeiture Provisions for Life InsuranceRead Chapter § 38.2-3200Nonforfeiture benefits and cash surrender values in life policies issued prior to operative date stated in § 38.2-3214 § 38.2-3201Same; for industrial life policies § 38.2-3202Standard nonforfeiture law; required policy provisions § 38.2-3203Same; cash surrender value in case of default § 38.2-3204Same; present value of paid-up nonforfeiture benefits on default § 38.2-3205Same; calculation of adjusted premiums § 38.2-3206Same; tables used for calculations § 38.2-3207Same; use of new mortality table; ordinary policies § 38.2-3208Same; industrial policies § 38.2-3209Same; adjusted premiums for policies § 38.2-3210Same; life insurance providing future premium determination § 38.2-3211Same; other factors in calculations § 38.2-3212Same; policies issued on or after January 1, 1986 § 38.2-3213Same; exemptions from application of certain sections § 38.2-3214Same; operative date § 38.2-3215Same; operative date for § 38.2-3207 § 38.2-3216Same; operative date for § 38.2-3208 § 38.2-3217Loan provisions in policies issued prior to operative date stated in § 38.2-3214 § 38.2-3218Same; in policies subsequently issued § 38.2-3219Applicability § 38.2-3220Nonforfeiture requirements § 38.2-3221Minimum values § 38.2-3222Computation of present value § 38.2-3223Calculation of cash surrender values § 38.2-3224Calculation of paid-up annuity benefits § 38.2-3225Maturity date § 38.2-3226Disclosure of limited death benefits § 38.2-3227Inclusion of lapse of time considerations § 38.2-3228Proration of values; additional benefits § 38.2-3229Effective date