Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 31. Maryland Insurance Administration |
Subtitle 05. ASSETS, LIABILITIES, RESERVES, AND INVESTMENTS OF INSURERS |
Chapter 31.05.06. Investments of Life Insurers and Property and Casualty Insurers in High Yield/High Risk Obligations |
Sec. 31.05.06.05. Collateral Loans
Latest version.
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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.