40-2c04. Risk-based capital report; adjustment.

40-2c04

Chapter 40.--INSURANCE Article 2c.--RISK-BASED CAPITAL REQUIREMENTS

      40-2c04.   Risk-based capital report; adjustment.If a domestic insurer files an RBC report which in thejudgment ofthe commissioner is inaccurate, the commissioner shall adjust the RBC report tocorrect the inaccuracy and shall notify the insurer of the adjustment. Thenotice shall contain a statement of the reason for the adjustment. An RBCreport as so adjusted is referred to as an adjusted RBC report.

      History:   L. 1994, ch. 138, § 4; July 1.