Chap. 147.—-An ACT to amend the Code of Virginia by adding to chapter 169
thereof a new section numbered 4258-k, defining industrial life insurance.
[S B 204]
Approved March 11, 1936
1. Be it enacted by the General Assembly of Virginia, That the
Code of Virginia be amended by adding to chapter one hundred and
sixty-nine thereof a new section numbered forty-two hundred and fifty-
eight-k, which new section shall read as follows:
Section 4258-k. Definition of Industrial Life Insurance.—Industrial
life insurance is hereby declared to be that form of life insurance,
either
(1) Under which premiums are payable weekly, or
(2) Under which the premiums are payable monthly or oftener, if
the face amount of insurance provided in the policy is less than one
thousand dollars, and the words “industrial policy” are printed upon
the policy as a part of the descriptive matter.