Investments of the separate account shall be valued at their market value on the date of valuation, or at amortized cost if it approximates market value.

Statutory Authority

§§ 12.1-13 and 38.2-3313 of the Code of Virginia.

Historical Notes

Derived from Regulation 26, Case No. INS920077, Article VII, § 5, eff. June 15, 1992.