Statute · California Insurance Code
Cal. Ins. Code § 1251 — Valuation of Investments
Cal. Ins. Code § 1251
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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.
Citator
Cal. Ins. Code § 1251 — Valuation of Investments is in force in the current edition of the Code, and nothing recorded condemns it.
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.