Insurance Code section 1253

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.

Source: Section 1253, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=1253. (accessed Apr. 24, 2025).

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Last Updated

Apr. 24, 2025

§ 1253’s source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_1253

Original Source: Section 1253, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=1253. (last accessed Apr. 24, 2025).