Insurance Code § 11125
‹ § 11124§ 11126 ›Open in browserleginfo ↗11125.
Every domestic society shall invest its funds only in securities permitted by the laws of this State for the investment of the assets of life insurers issuing nonassessable policies on a reserve basis. Such securities shall be valued according to the methods used in valuing similar securities held by such insurers.
(Added by Stats. 1951, Ch. 1193.)