Codification of Life Insurance Laws

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Excerpt from Codification of Life Insurance Laws: Report of Hearing on the Commissioner's Report Before the Joint Committee on InsuranceThis bill proposes to introduce, on the other hand, a like arbitrary element, and compel the companies to disregard so much of the value of their assets as is above a certain arbitrary basis. To show its exact operation, I will take an illustration.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.