Exchange of securities

Va. Code Ann. § 38.2-1052, under Chapter 10. Organization, Admission and Licensing of Insurers..

Va. Code Ann. § 38.2-1052

A depositing insurer may from time to time exchange for any of the deposited securities other securities eligible for deposit under this article if in the opinion of the Commission the aggregate value of the deposit will not be reduced below the amount required by law.