The aggregate of all debts and other legal obligations of a particular person or legal entity.
State Law
Connecticut
shall include but not be limited to reserves required by statute or by regulations adopted by the commissioner in accordance with the provisions of chapter 54 or specific requirements imposed by the commissioner upon a subject company at the time of admission or subsequent thereto Connecticut General Statutes 38a-1
Hawaii
include but are not limited to reserves required by statute, insurance division rules, or specific requirements imposed by the commissioner upon a subject company at the time of admission or subsequent thereto Hawaii Revised Statutes 431:15-103
Indiana
means obligations to transfer assets or provide services to other entities in the future as a result of past transactions Indiana Code 14-34-7-1
Michigan
means what a person owes to another person, including, but not limited to, mortgages or other debts Michigan Laws 169.303, Michigan Laws 15.703
shall include , but not be limited to, reserves required by statute or by rule or specific requirements imposed by the commissioner upon an insurer at the time of admission or subsequent to admission Michigan Laws 500.8103
South Dakota
includes , but is not limited to, reserves required by statute or by insurance division general regulations or specific requirements imposed by the director upon a subject company at the time of admission or subsequent thereto South Dakota Codified Laws 58-29B-3
Tennessee
include , but are not limited to, reserves required by statute or by department general regulations or specific requirements imposed by the commissioner upon a subject company at the time of admission or subsequent thereto Tennessee Code 56-9-103
Utah
is a s defined by and is measured in accordance with the National Association of Insurance Commissioner’s Statements of Statutory Accounting Principles, as incorporated in this state by rules made by the department in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, for the purposes of Subsection 31A-4-113(1)(b)(ii) Utah Code 31A-27a-102
Vermont
includes reserves required by statute or by general regulations of the Department or specific requirements imposed by the Commissioner upon a subject company at the time of admission or subsequent to its admission
West Virginia
means all liabilities, except those specifically excluded by section four of this article, credited to the hospital on the financial ledgers of the university at the transfer date and as more particularly or additionally identified, supplemented or limited in the agreement West Virginia Code 18-11C-1