§ 48.05.060. "Capital funds" defined
"Capital funds" means the excess of the assets of an insurer over its liabilities. Capital stock, if any, shall not be deemed to be a liability for the purposes of this section.
[1947 c 79 § .05.06; Rem. Supp. 1947 § 45.05.06.]
Sections: Previous 48.05.010 48.05.030 48.05.040 48.05.045 48.05.050 48.05.060 48.05.070 48.05.073 48.05.080 48.05.090 48.05.100 48.05.105 48.05.110 48.05.120 48.05.130 NextLast modified: April 7, 2009