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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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Public and Local Acts of the Legislature of the State of Michigan

Michigan - 1921
...the effective rate of interest at which the purchase was made: Provided, That the pur- Proviso, chase price shall in no case be taken at a higher figure...actual market value at the time of purchase : And pro- Further tided further, That the Commissioner of Insurance shall have provlsofull discretion in...
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Acts and Resolves Passed by the General Court of Massachusetts in the Year ...

Massachusetts - 1921
...interest at which the purchase was made; provided that the purchase price shall in no case Provisos. be taken at a higher figure than the actual market...purchase, and provided, further, that the commissioner shall have full discretion in determining the method of calculating values according to the foregoing...
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Acts of the General Assembly of the Commonwealth of Kentucky, Passed

Kentucky - 1922
...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." Approved February 24, 1922. CHAPTER 6. AN ACT to assist disabled ex-service .men and women In obtaining...
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Acts of the State of Ohio, Volumen110

Ohio - 1923
...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...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 Civil Code of the State of California: In Four Divisions, Compiled from ...

California - 1923 - 562 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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Wisconsin Session Laws

Wisconsin - 1933
...and ^o 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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The Insurance Industry: Hearings Before the Subcommittee on Antitrust and ...

United States. Congress. Senate. Committee on the Judiciary - 1971 - 649 páginas
...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...the actual market value at the time of purchase; and the Superintendent has full discretion in determining the method of calculating values according to...
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Session Laws of the State of Minnesota

Minnesota - 1919
...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...calculating values according to the foregoing rule. Approved March 7, 1919. CHAPTER 55— SF No. 695. » An act to establish a municipal court in the Village...
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Transactions, Volumen21

Actuarial Society of America - 1920
...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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Acts and Resolutions Adopted by the Legislature of Florida, Volumen1

Florida - 1923
...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...actual market value at the time of purchase ; and, ch"P- 9149provided further, that the State Treasurer shall have full 1923 discretion in determine the...
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