California Business and Professions Code
§ 7614.8
BPC § 7614.8 Effective Jan 1, 2016Div. 3 · Ch. 12 · Art. 1.5
Statute text
View on leginfo.ca.govAny security 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 endowment care fund above its market value.
Legislative history
Added by Stats. 2015, Ch. 395, Sec. 13. (AB 180) Effective January 1, 2016.