§ 10-3-214 — Quantitative investment limitations - manner of applying

In
applying the investment limitations set forth in this part 2, which are expressed as
percentages of a company's admitted assets, there shall be used as a base the total
of all assets of the company that would be admitted under this title (except article
15) and article 14 of title 24, C.R.S., without regard to such limitations and without
regard to any condition or restriction set forth in section 10-3-237 (2), and asset
values will be those values determined at the current annual statement date or, in
case of any statement or examination as of a date other than an annual statement
date, those values determined at such other date. In applying any investment
limitation set forth in this part 2, which is expressed as a percentage of a company's
surplus, the amount of the company's surplus shall be that determined at the
current annual statement date or, in the case of any statement or examination as of
a date other than an annual statement date, the amount determined at such other
date.

Legislative History

Source: L. 69: p. 492, � 5. C.R.S. 1963: � 72-2-20. L. 92: Entire section amended, p. 1550, � 41, effective May 20. L. 2004: Entire section amended, p. 901, � 17, effective May 21. L. 2012: Entire section amended, (HB 12-1266), ch. 280, p. 1505, � 30, effective July 1.