 If purchased at par, at the par value; if purchased above or below par, on the basis of the purchase price adjusted so as to bring the value to par at maturity and so as to yield in...  Laws of the State of New York - Page 605by New York (State) - 1935Full view - About this book
 | 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... | |
 | 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... | |
 | 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... | |
 | Connecticut - 1915 - 396 pages
...this state existing at the time of the passage of this act or according to the following rule, to wit: If purchased at par, at the par value; if purchased...the purchase was made; provided, that the purchase insurance price shall in no case be taken at a higher figure than the actual commissioner market value... | |
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