33-2-533. Valuation of other securities. (1) Securities, other than those referred to in 33-2-532, held by an insurer must be valued, in the discretion of the commissioner, at their market value, at their appraised value, or at prices determined by the commissioner as representing their fair market value as established by rule.
     (2) Preferred or guaranteed stocks or shares while paying full dividends may be carried at a fixed value in lieu of market value, at the discretion of the commissioner and in accordance with the method of computation that the commissioner may approve.

     History: En. Sec. 95, Ch. 286, L. 1959; R.C.M. 1947, 40-3014; amd. Sec. 42, Ch. 596, L. 1993.