Section 284-16-170. Usual valuation of stock of a subsidiary.

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The common stock of any subsidiary of an insurer may always be valued on the basis of the value of only such of the assets of such subsidiary as would constitute lawful investments for the insurer if acquired or held directly by the insurer.

[Order R 76-7, § 284-16-170, filed 11/30/76.]

Order R 76-7, § 284-16-170, filed 11/30/76.

                    
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