§431:3-210 Determination of capital funds of alien insurer. (a) The capital funds of an alien insurer shall be deemed to be the amount by which its assets exceed its liabilities with respect to its business transacted in the United States.
(b) Assets of such insurer held in any state for the special protection of policyholders and obligees in such state shall not constitute assets of the insurer for the purpose of this code. Liabilities of the insurer so secured by such assets but not exceeding the amount of such assets, may be deducted in computing the insurer's liabilities for the purpose of this section. [L 1987, c 347, pt of §2]
Section: Previous 431-3-203.5 431-3-204 431-3-205 431-3-206 431-3-207 431-3-208 431-3-209 431-3-210 431-3-211 431-3-212 431-3-212.5 431-3-213 431-3-214 431-3-215 431-3-216 NextLast modified: October 27, 2016