California Insurance Code

§ 11125

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

INS § 11125Div. 2 · Part 2 · Ch. 10 · Art. 7

Statute text

View on leginfo.ca.gov

Every domestic society shall invest its funds only in securities permitted by the laws of this State for the investment of the assets of life insurers issuing nonassessable policies on a reserve basis. Such securities shall be valued according to the methods used in valuing similar securities held by such insurers.

Legislative history

Added by Stats. 1951, Ch. 1193.