ARKANSAS STATUTES AND CODES
§ 23-63-611 - Asset valuation.
23-63-611. Asset valuation.
Assets of reporting entities shall be valued in accordance with the following:
(1) Bonds and securities shall be valued in accordance with the methods specified in the National Association of Insurance Commissioners' publication as it existed on January 1, 2001, entitled the "Valuation of Securities Manual", prepared by the Securities Valuation Office;
(2) Shares of stock shall be valued in accordance with the methods specified in the National Association of Insurance Commissioners' publication as it existed on January 1, 2001, entitled the "Accounting Practices and Procedures Manual"; and
(3) Other assets shall be valued as specified by the Insurance Commissioner in a rule and regulation, in accordance with the provisions of 23-63-601(2), which method of valuation is not inconsistent with the National Association of Insurance Commissioners' publication as it existed on January 1, 2001, entitled the "Valuation of Securities Manual", prepared by the Securities Valuation Office.
Arkansas Forms by Issue
Arkansas Law
Arkansas State Laws
> Arkansas State Parks
Arkansas Tax
Arkansas Agencies