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" ... follows: If purchased at par, at the par value; if purchased above or below par, on the basis of the purchase price adjusted so as to bring the value to par at maturity and so as to yield in the meantime the effective rate of interest at which the... "
Journal of the Senate of the State of Michigan - Página 929
por Michigan. Legislature. Senate - 1921
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Laws of the State of New York, Volumen1

New York (State) - 1935
...maturity and so as to yield meantime the effective rate of interest at which the purchase was made; provided that the purchase price shall in no case...the time of purchase, and provided further that the superintendent of insurance shall have full discretion in determining the method of calculating values...
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Annual Report and Balance Sheet for the Year, Volúmenes33-58

1898
...maturity, and so as to yield meantime the effective rate of interest at which the purchase was made, but the purchase price shall in no case be taken at a...higher figure than the actual market value at the time or purchase. The Insurance Commissioner shall have full discretion in determining the method of calculating...
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Fire Insurance Laws, Taxes and Fees

1917
...maturity and so as to yield meantime the effective rate of interest at which the purchase was made; provided that the purchase price shall in no case...the time of purchase, and provided further that the Superintendent of Insurance shall have full discretion in determining the method of calculating values...
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The Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - 1909
...maturity and so as to yield meantime the effective rate of interest at which the purchase was made; provided that the purchase price shall in no case...the time of purchase, and provided further that the superintendent of insurance shall have full discretion in determining the method of calculating values...
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The Examination of Insurance Companies: A Series of Talks to the Members of ...

Samuel Herbert Wolfe - 1910 - 248 páginas
...maturity and so as to yield meantime the effective rate of interest at which the purchase was made; provided that the purchase price shall in no case...the time of purchase, and provided further that the superintendent of insurance shall have full discretion in determining the method of calculating values...
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Documents of the Senate of the State of New York, Volumen8

New York (State). Legislature. Senate - 1910
...maturity and so as to yield meantime the effective rate of interest at which the purchase was made; provided that the purchase price shall in no case...the" time of purchase, and provided further that the Superintendent of Insurance shall have full discretion in determining the method of calculating values...
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Studies in Practical Life Insurance: An Examination of the Principles of ...

James M. Hudnut - 1911 - 148 páginas
...effective rate of interest at which the purchase was made; provided that the purchase price shu.ll in no case be taken at a higher figure than the actual...the time of purchase, and provided further that the superintendent of insurance shall have full discretion in determining the method of calculating values...
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Life Assurance Primer: A Text-book Dealing with the Practice and Mathematics ...

Henry Moir - 1912 - 230 páginas
...maturity and so as to "yield meantime the effective rate of interest at which the "purchase was made, provided that the purchase price "shall in no case...the time of purchase, and pro"vided further that the superintendent of insurance shall "have full discretion in determining the method of cal" dilating...
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Burns' Annotated Indiana Statutes: Showing the General Statutes in ..., Volumen1

Indiana, Harrison Burns - 1921
...and so as to yield in the meantime the effective rate of interest at which the purchase was made ; Provided, That the purchase price shall in no case...calculating values according to the foregoing rule. See section 4687 Revision of 1914. [Acts 1921, p. 159. In force March 3, 1921.] 4713. Insurable interest,...
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Life Insurance

Abb Landis - 1914 - 365 páginas
...maturity, and so as to yield in the meantime the effective rate of interest at which the purchase was made, provided that the purchase price shall in. no case...the time of purchase, and provided further that the Superintendent of Insurance shall have full discretion in determining the method of calculating values...
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