Insurance Law 1715 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 1714 Authority to conduct certain business directly instead of through subsidiary up ARTICLE 17 Subsidiaries of Domestic Life Insurance Companies and Certain Other Entities next SECTION 1716 Regulations Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 1715 Valuation of shares of subsidiaries Insurance (ISC) CHAPTER 28, ARTICLE 17 § 1715. Valuation of shares of subsidiaries. In determining the financial condition of a parent corporation, all stock of its subsidiaries (except subsidiaries acquired or held under section four thousand two hundred forty of this chapter) shall be valued in accordance with subsections (c), (f) and (g) of section one thousand four hundred fourteen of this chapter. Stock of subsidiaries acquired or held under section four thousand two hundred forty of this chapter shall be valued as required by section four thousand two hundred forty of this chapter.