In forceAs enactedCurrent version · As enacted
Insurance Regulations, 2006 · As enacted · Part IV
Insurance Regulations, 2006 · As enacted · Part IV
Official textFrom Attorney General's Chambers, unchanged
The value of cash and deposits with financial institutions other than negotiable certificates of deposits shall be an amount not exceeding the aggregate of the nominal amount of the holdings.
The value of negotiable certificates of deposits shall be an amount not exceeding the aggregate of the market value or the aggregate of the nominal amount, whichever is the lower.
1085
Outstanding premiums and agents' balances.