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Ala. Code § 27-15-71

Definitions.

Known as the Standard Nonforfeiture Law

The act spans §§ 27-15-70 to 27-15-83 (14 sections).

(Act 2016-411, §1.)

For the purposes of this article, the following terms shall have the following meanings:

(1) NAIC. The National Association of Insurance Commissioners.

(2) OPERATIVE DATE OF THE VALUATION MANUAL. The January 1 of the first calendar year that the valuation manual as defined in Chapter 36A is effective.

Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.