Insurance Code § 1253

ARTICLE 7. Valuation of Investments

Current as of September 28, 2026Ins. Code, § 1253Official source ↗

Enacted by Stats. 1935, Ch. 145.

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.