Cal. Code Regs. tit. 10 § 2285
Current through Register 2024 Notice Reg. No. 45, November 8, 2024
Notes secured by collateral other than real property shall be valued at amounts determined for each such note and each security pledged therefor, not exceeding 85% of the value of such security pledged, determined in accordance with the rules herein, applicable to securities or property owned, nor exceeding in the aggregate in the case of any such secured note, the amount of unpaid principal thereof; but no value shall be claimed or will be allow d for shares of stock of the reporting insurer's own issue pledged as such security.
Cal. Code Regs. Tit. 10, § 2285