California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 3 - Insurers
Article 12.3 - Valuation of Life Insurance Policies
Section 2542 - Preamble

Universal Citation: 10 CA Code of Regs 2542
Current through Register 2024 Notice Reg. No. 38, September 20, 2024

Section 10489.94 of the California Insurance Code authorizes the commissioner to promulgate regulations to provide tables of select mortality factors and rules for their use, rules concerning a minimum standard for the valuation of plans with nonlevel premiums or benefits, and rules concerning a minimum standard for the valuation of plans with secondary guarantees.

This Article 12.3 shall supersede Department of Insurance Bulletin Number 2000-02, effective July 1, 2000, issued by the commissioner under the authority of Section 10489.94 of the California Insurance Code.

1. New article 12.3 (sections 2542-2542.8) and section filed 11-19-2002; operative 1-1-2003 (Register 2002, No. 47).

Note: Authority cited: Section 10489.94, Insurance Code. Reference: Section 10489.94, Insurance Code.

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