Mutual Benefit Life Ins. v. Marye

Citations

• 85 Va. 643
• 8 S.E. 481
• 1889 Va. LEXIS 77

Syllabus

<p>1. Insurance&emdash;Assessment company&emdash;Deposit.&emdash;Only such assessment companies as raise money to pay a loss by a member’s death, by assessment made upon those who survive him, are entitled, under act of May 18th, 1887, to be licensed without making the deposit of bonds under Code 1887, \\ 1271.</p> <p>2. Idem&emdash;Surviving members.&emdash;In the act of May 18th, 1887, “surviving members ” designate such as are “not deceased,” and not those whose policies are “ not lapsed.”</p>