Insurance Code § 11125

ARTICLE 7. Financial Matters

Current as of September 28, 2026Ins. Code, § 11125Official source ↗

Added by Stats. 1951, Ch. 1193.

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.