§ 38.2-1405. Dates of determination
A. The classification by investment category of each investment, based on type of investment as set forth in §§ 38.2-1415 through 38.2-1442, inclusive, shall be determined as of the date of investment.
B. In applying any percentage limitations based on the insurer's total admitted assets or surplus to policyholders, there shall be used as a base, without regard to percentage limitations, those assets or surplus to policyholders as shown by the insurer's most recent annual or quarterly statement on file with the Commission pursuant to §§ 38.2-1300 and 38.2-1301.
(1983, c. 457, § 38.1-217.6; 1986, c. 562; 1992, c. 588.)
Sections: Previous 38.2-1400 38.2-1401 38.2-1402 38.2-1403 38.2-1404 38.2-1405 38.2-1406 38.2-1407 38.2-1408 38.2-1409 38.2-1410 38.2-1411 38.2-1411.1 38.2-1411.2 38.2-1412 NextLast modified: April 16, 2009