| Kentucky - 1922 - 564 pages
...State, may, if amply secured and not in default as to principal and interest, be valued as follows: If purchased at par, at the par value; if purchased...bring the value to par at maturity and so as to yield in the meantime the effective rate of interest at which the purchase was made ; provided that the purchase... | |
| Indiana - 1921 - 1060 pages
...state, may, if amply secured and not in default as to principal and interest, be valued as follows : If purchased at par, at the par value; if purchased...below par, on the basis of the purchase price adjusted sc»as to bring the value to par at maturity and so as to yield in the meantime the effective rate... | |
| New Hampshire. Insurance Department - 1921 - 332 pages
...state may, if amply secured and not in default as to principal and interest, be valued as follows: If purchased at par, at the par value; if purchased...bring the value to par at maturity and so as to yield in the meantime the effective rate of interest at which the purchase was made; provided that the purchase... | |
| Idaho - 1921 - 648 pages
...State may, if amply secured and not in default as to principal and interest, be valued as follows : If purchased at par, at the par value ; if purchased...bring the value to par at maturity and so as to yield in the meantime the effective rate of interest at which the purchase was made ; Provided, That the... | |
| 1898 - 688 pages
...Commonwealth, may, if amply secured, and if not in default as to principal or interest, be valued as follows: If purchased at par, at the par value; if purchased...the purchase price adjusted so as to bring the value at maturity, and so as to yield meantime the effective rate of interest at which the purchase was made,... | |
| James M. Hudnut - 1911 - 168 pages
...is ' ' amply secured and not in default as to principal or interest, shall be valued, as follows : If purchased at par, at the par value ; if purchased...rate of interest at which the purchase was made".* For example, a 4% bond bought at par always yields 4% on its cost, no matter when it matures; therefore... | |
| Indiana - 1921 - 1336 pages
...state, may, if amply secured and not in default as to principal and interest, be valued as follows: If purchased at par, at the par value; if purchased...bring the value to par at maturity and so as to yield in the meantime the effective rate of interest at which the purchase was made ; Provided, That the... | |
| Abb Landis - 1914 - 382 pages
...State, shall, if amply secured and if not in default as to principle and interest, be valued as follows: If purchased at par, at the par value; if purchased...bring the value to par at maturity, and so as to yield in the meantime the effective rate of interest at which the purchase was made, provided that the purchase... | |
| Wisconsin - 1915 - 1180 pages
...state may, if amply secured and not in default as to principal and interest, be valued as follows: If purchased at par, at the par value; if purchased...bring the value to par at maturity and so as to yield in" the meantime the effective rate of interest at which the purchase was made ; provided that the... | |
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