Valuation of investments

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RS 600 - Valuation of investments

A. All securities owned by a domestic insurance company shall be valued in accordance with the standards promulgated by the Securities Valuation Office of the National Association of Insurance Commissioners.

B. Any other invested assets of domestic insurers shall be valued in accordance with procedures promulgated by the financial condition subcommittee of the National Association of Insurance Commissioners.

NOTE: §600 as repealed by Acts 2021, No. 165, eff. Jan. 1, 2022.

RS 600 - Repealed by Acts 2021, No. 165, §3, eff. Jan. 1, 2022.

Acts 1992, No. 811, §1; Redesignated from R.S. 22:857 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2021, No. 165, §3, eff. Jan. 1, 2022.


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