Cal. Ins. Code § 10489.95
Standard Valuation Law
Redline — January 1, 2011 → current.View current text →
Current — January 1, 2015
As of January 1, 2011
The commissioner shall adopt a regulation concerning the minimum standards applicable to the valuation of disability insurance.
For accident and health insurance contracts issued on or after the operative date of the valuation manual, the standard prescribed in the valuation manual is the minimum standard of valuation required under subdivision (b) of Section 10489.12. For disability and accident and health insurance contracts issued prior to the operative date of the valuation manual, the minimum standard of valuation is the standard adopted by the commissioner by regulation.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.