31 C.F.R. § 223.9 Valuation of assets and liabilities.
Title 31 - Money and Finance: Treasury
In determining the financial condition of every such company, its assets and liabilities will be computed in accordance with the guidelines contained in the Treasury's current Annual Letter to Executive Heads of Surety Companies. However, the Secretary of the Treasury may value the assets and liabilities of such companies in his discretion. Credit will be allowed for reinsurance in all classes of risks if the reinsuring company holds a certificate of authority from the Secretary of the Treasury, or has been recognized as an admitted reinsurer in accord with §223.12. [42 FR 8637, Feb. 11, 1977]
Title 31: Money and Finance: Treasury
PART 223—SURETY COMPANIES DOING BUSINESS WITH THE UNITED STATES
§ 223.9 Valuation of assets and liabilities.
