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Keith_Landry@ncci.com
Fri, 19 Feb 1999 07:37:09 -0800

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Robbin p.29 says "...when equity is based on a "block" surplus which is
taken down immediately after the end of the year, this rule is violated and
one must take more care in defining the average equity balance during the
period"

What is the real-life situation where surplus is taken down? Is this like
a limited time venture?

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