623.03 Valuation of assets. The commissioner shall promulgate rules for the valuation of assets to be reported on the statements submitted under s. 601.42 (1g) (a) as well as for other purposes. The commissioner may specify that certain classes of assets shall be valued at zero or given a nominal value, and when necessary to achieve the purposes of this section may specify different bases of valuation for different purposes.
History: 1973 c. 293; 1979 c. 102 s. 236 (7); 1987 a. 247.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 623 - Insurance — accounting and reserves.
623.02 - Standards for accounting rules.
623.04 - Valuation of liabilities.
623.06 - Standard valuation law.
623.11 - Amount of compulsory surplus.
623.12 - Amount of security surplus.
623.15 - Fraternal rates and reserves.