Laws of the State of New York, Volumen3,Partes323-858 |
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Página 2970
( B ) Fixed interest obligations issued , assumed or guaranteed by an institution whose net earnings available for fixed charges for its last five fiscal years averaged per year not less than one and one - half times its average annual ...
( B ) Fixed interest obligations issued , assumed or guaranteed by an institution whose net earnings available for fixed charges for its last five fiscal years averaged per year not less than one and one - half times its average annual ...
Página 2972
... other than an institution which issues mortgage related securities , and no investment in any one mortgage related security , made pursuant to the provisions of this paragraph shall exceed five per centum of the admitted assets of ...
... other than an institution which issues mortgage related securities , and no investment in any one mortgage related security , made pursuant to the provisions of this paragraph shall exceed five per centum of the admitted assets of ...
Página 2973
... is amended to read as follows : ( bb ) if , when the participation is acquired by the insurer , there are more than five holders of participations in the loan , or more than three such holders and such loan is less than five million ...
... is amended to read as follows : ( bb ) if , when the participation is acquired by the insurer , there are more than five holders of participations in the loan , or more than three such holders and such loan is less than five million ...
Página 2978
Such loans and real property must qualify as a reserve investment under paragraph four or five of this subsection . The subsidiary's net investment in such real property and loans shall be included under such paragraph when computing ...
Such loans and real property must qualify as a reserve investment under paragraph four or five of this subsection . The subsidiary's net investment in such real property and loans shall be included under such paragraph when computing ...
Página 2982
For the purposes of paragraphs one and two of this subsection , [ subparagraph ( G ) of paragraph seven ] paragraphs four and five of subsection ( a ) of section one thousand four hundred four and paragraphs three and four of subsection ...
For the purposes of paragraphs one and two of this subsection , [ subparagraph ( G ) of paragraph seven ] paragraphs four and five of subsection ( a ) of section one thousand four hundred four and paragraphs three and four of subsection ...
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