Assets may be allowed as deductions from corresponding liabilities, and liabilities may be charged as deductions from assets. Deductions from assets may be charged as liabilities in accordance with the National Association of Insurance Commissioners' publication as it existed on January 1, 2001, entitled the "Accounting Practices and Procedures Manual".
Section: 23-63-602 23-63-603 23-63-604 23-63-610 23-63-611 23-63-612 23-63-613 23-63-614 NextLast modified: November 15, 2016