211 CMR, § 129.04
Current through Register 1533, October 25, 2024
Insurers subject to 211 CMR 129.00 shall reduce to zero by December 31, 1997 any reserve credits or assets established with respect to reinsurance agreements entered into prior to July 1, 1997 which, under the provisions of 211 CMR 129.00 would not be entitled to recognition of the reserve credits or assets; provided, however, that the reinsurance agreements shall have been in compliance with laws or regulations in existence immediately preceding the effective date of 211 CMR 129.00.
211 CMR, § 129.04