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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 - Página 929
por Michigan. Legislature. Senate - 1921
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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 - 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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The Laws of Wisconsin

Wisconsin - 1915
...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, and the values found by him in accordance with such method shall be final and binding, provided, also,...
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Wisconsin Session Laws

Wisconsin - 1915
...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 method of calculating values according to the foregoiiig rule, and the values found by him in accordance with such method shall be final and binding,...
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Laws enacted in the general assembly of the commonwealth

1915
...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 Insurance Commissioner shall have full discretion in determining the method of calculating values according...
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Laws Relating to Insurance and Insurance Companies: Chapter 576, Acts of ...

Massachusetts - 1915 - 194 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...time of purchase; and provided, further, that the insurance commissioner shall have full discretion in determining the method of calculating values according...
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The Civil Code of the State of California

California - 1915 - 1293 páginas
...to par at maturity and so as to yield the effective rate of interest at which the purchase was made; provided, that the purchase price shall in no case...time of purchase ; and provided, further, that the insurance commissioner shall have full discretion in determining the method of calculating values according...
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Maryland Corporation Law

Maryland - 1916 - 693 páginas
...maturity, aud 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 Insurance Commissioner shall have full discretion in determining the method of calculating values according...
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