Md. Code Regs. 31.05.06.05
If a collateral loan is secured by one or more high yield/high risk obligations as well as by other types of collateral, the amount of the collateral loan to be considered for purposes of Regulation .04A of this chapter shall be that fraction of the loan which the value of the high yield/high risk obligations bears to the total value of the collateral.
Authority: Insurance Article, §§2-109, 4-103(c), 5-502, 5-506, 5-507, 5-511, 5-605, 5-606, and 5-608, Annotated Code of Maryland
Effective date: December 10, 1990 (17:24 Md. R. 2837)
Regulation .01 amended effective September 26, 1994 (21:19 Md. R. 1634)
Regulation .02B amended effective September 26, 1994 (21:19 Md. R. 1634)
Regulation .03 amended effective September 26, 1994 (21:19 Md. R. 1634)
Regulation .04 amended effective September 26, 1994 (21:19 Md. R. 1634)
Regulation .07 amended effective September 26, 1994 (21:19 Md. R. 1634)
Chapter recodified from COMAR 09.30.85 to COMAR 31.05.06 effective September 7, 1998 (25:18 Md. R. 1439)
Regulation .02B amended effective June 20, 2016 (43:12 Md. R. 668)