DecisionDepot
California legal research

California Insurance Code

§ 1253

INS § 1253Div. 1 · Part 2 · Ch. 2 · Art. 7
Any such insurer may report such bonds or other evidence of debt at market value or book value, but in no event at an aggregate value exceeding the aggregate of the values calculated according to the rule prescribed by section 1252.

Legislative history

Enacted by Stats. 1935, Ch. 145.

Source: California Insurance Code § 1253 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.