§ 27-32-4 — § 27-32-4. Valuation of accounts.
This text of Rhode Island § 27-32-4 (§ 27-32-4. Valuation of accounts.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Text
§ 27-32-4. Valuation of accounts.
Assets allocated to a separate account shall be valued at their market value on the date of valuation, or if there is no readily available market, then in accordance with the terms of the applicable written agreement; provided, that the portion of the assets of a separate account at least equal to the company's reserve liability with regard to guaranteed benefits and funds, if any, shall be valued in accordance with the rules applicable to the company's assets.
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Rhode Island § 27-32-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/27-32-4.