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Session Laws, 1987
Volume 769, Page 181   View pdf image
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WILLIAM DONALD SCHAEFER, Governor

Ch. 11

(iv) Any additional reserves which may be
reasonably required by the Commissioner on account of such
insurance[.];

(4)  With reference to insurance other than specified
in paragraph (3) of this section, the amount of reserves equal to
the unearned portions of the gross premiums charged on policies
in force, computed in accordance with this article;

(5)  Any additional reserves which may be reasonably
required by the Commissioner on account of a specific type or
line of insurance; AND

(6)  Taxes, expenses and other obligations due or
accrued at the date of the statement.

DRAFTER'S NOTE: This corrects an error in punctuation
and the omission of a conjunction in Article 48A, §
77.

The error in punctuation, the use of a period in place
of a semi-colon, occurred in Ch. 553 of the Acts of
1963. The conjunction, "and", was also omitted from
Ch. 553 of the Acts of 1963.

The omission of the conjunction was noted by the
Michie Company. The error in punctuation was noted by
the professional staff of the Legislative Division of
the Department of Legislative Reference.

86.

Except for § 87 OF THIS SUBTITLE, which relates to
investments of foreign and alien insurers, this subtitle applies
to domestic life insurers.

DRAFTER'S NOTE: This corrects the omission of punctuation
and corrects a stylistic error in a cross-reference in
Article 48A, § 86.

The omission of the punctuation, a comma, and the
stylistic error occurred in Ch. 553 of the Acts of
1963.

The omission of the punctuation and the stylistic
error were noted by the Michie Company.

88.

(2) Eligibility of an investment shall be determined as of
the date of its making or acquisition, except as stated in
subsection (1) [above] OF THIS SECTION.

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Session Laws, 1987
Volume 769, Page 181   View pdf image
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