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
| Alberta - 1926 - 672 pages
...fixed term and rate and not in default as to principal or interest, according to the following rule : If purchased at par at the par value ; if purchased...interest at which the purchase was made ; provided the purchase price shall in no case be taken at a higher figure than the actual market value at the... | |
| 1909 - 496 pages
...values. By an amendment to the insurance law, all bonds or other evidences of debt shall be valued, if purchased above or below par, on the basis of the...effective rate of interest at which the purchase was made. This is subject, as to method, to the discretion of the Superintendent, and with the privilege of returning... | |
| Florida - 1923 - 668 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... | |
| Michigan - 1921 - 984 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 pur-... | |
| Minnesota - 1919 - 1094 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... | |
| West Virginia - 1920 - 910 pages
...as follows: If purchased at 6 par, at the par value; if purchased above par or below par, on the 7 basis of the purchase price adjusted so as to bring the value to par 8 at maturity and so as to yield in the meantime the effective rate 9 of interest at which the purchase... | |
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