Laserfiche WebLink
ENCLOSURE <br />Western Surety Company <br />DEDUCTIONS <br />Common Stocks U] <br />T-Listed Sub: SURETY BONDING COMPANY OF AMERICA ....... $7 64�7 <br />Total Deduction.......................................................................................... $7,642,527 <br />u The common stock of insurance subsidiaries certified by the Treasury, if held by other certified companies, will <br />be considered a non -admitted asset when determining the parent company's Treasury underwriting limitation. This <br />valuation method is effective for certifications dated after December 31, 1988, and will be applied to new subsidiary <br />relationships created by reorganization or by changes in the organization structure of the group due to new <br />acquisitions or combinations. (See Instruction III of Treasury's Annual Letter dated December 31, 2017.) <br />