California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 3 - Insurers
Article 11 - Separate Account or Accounts-Variable Contracts
Section 2527 - Separate Account or Accounts: Non-Variable Contracts
A domestic insurer may file under Section 10506 of the Insurance Code resolutions and agreements for any separate account or accounts maintained for policies and contracts which provide only fixed dollar annuities. These regulations being designed primarily for variable policies or contracts, are applicable to such a fixed dollar separate account only insofar as these regulations are relevant to that type of operation. The required approval by the Commissioner can be granted when filings are made in compliance with the basic requirements of subsections (a), (b), (c), (d), (e), (g) and the first sentence of (h) of Section 10506 of the Insurance Code to the extent such requirements are relevant to any such fixed dollar separate account.