3 CCR 703-2-7.1 - Approved List of Stocks/Bonds

Pursuant to C.R.S. 11-49-105(2) (d), required reserves may include bonds and stocks selected from an approved list, as determined by the Commissioner. Said approved list shall consist of lawfully issued bonds and other evidences of indebtedness:

(a) Of the United States or any agency or instrumentality thereof;

(b) Guaranteed or insured as to the payment of principal and interest by the United States or any agency or instrumentality thereof; or

(c) Of counties, districts, townships, municipalities, and political subdivisions within the states, territories and districts of the United States, provided that said bonds are rated no lower than the second highest grade by any major bond rating service.

Notes

3 CCR 703-2-7.1