Section 58-7-26 - Sufficiency of deposit--Valuation of assets

58-7-26. Sufficiency of deposit--Valuation of assets.For the purpose of determining the sufficiency of its deposit in this state the assets and securities of the insurer on deposit shall be valued at current market value except bonds which may, in the discretion of the director, be valued as provided in §58-26-2. Source: SL 1966, ch 111, ch 7, §13 (1); SL 1969, ch 134.