§ 31A-18-110. Investment valuation reserves.
Latest version.
-
(2) The commissioner may by order require an individual insurer to establish investment valuation reserves in addition to those required for other insurers of the class to which the insurer belongs, to the extent that the financial condition of the insurer and the nature of its assets and liabilities or business require that those reserves be established to adequately protect its insureds. (3) Where reasonably possible, reserves required under Subsection (1) shall correspond with those generally required in other states.
Enacted by Chapter 242, 1985 General Session