Investments and liabilities of a variable contract account shall at all times be clearly identifiable and distinguishable from the other investments and liabilities of the corporation. No investments of a variable contract account shall be pledged or transferred as collateral for a loan.
Source. 1967, 272:2. 1977, 264:4, eff. Aug. 21, 1977.
Investments and liabilities of a variable contract account shall at all times be clearly identifiable and distinguishable from the other investments and liabilities of the corporation. No investments of a variable contract account shall be pledged or transferred as collateral for a loan.
Source. 1967, 272:2. 1977, 264:4, eff. Aug. 21, 1977.
Investments and liabilities of a variable contract account shall at all times be clearly identifiable and distinguishable from the other investments and liabilities of the corporation. No investments of a variable contract account shall be pledged or transferred as collateral for a loan.
Source. 1967, 272:2. 1977, 264:4, eff. Aug. 21, 1977.
