GroundRules
INS § 1251
Where this section sits in the code
- Insurance Code - INS
- DIVISION 1. GENERAL RULES GOVERNING INSURANCE [100. - 1879.8.]
- PART 2. THE BUSINESS OF INSURANCE [680. - 1879.8.]
- CHAPTER 2. Incorporated Insurers [1140. - 1260.]
- ARTICLE 7. Valuation of Investments [1250. - 1254.]
A stock, bond or other evidence of debt if in default as to principal or interest, or if not amply secured, shall not be valued as an asset of the insurer above its market value.
Collected 2026-09-14T05:56:33Z. Source file · JSON