California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 3 - Insurers
Article 17 - Actuarial Opinion and Memorandum Regulation
Section 2580.1 - Purpose

Universal Citation: 10 CA Code of Regs 2580.1

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

The purpose of this regulation is to prescribe:

(a) Requirements for statements of actuarial opinion that are to be submitted in accordance with Section 10489.15 of the Insurance Code, and for memoranda in support thereof;

(b) Rules applicable to the appointment of an appointed actuary; and

(c) Guidance as to the meaning of "adequacy of reserves."

1. New article and section filed 12-6-94; operative 1-5-95 (Register 94, No. 49).
2. Amendment filed 12-27-2004; operative 1-1-2005 pursuant to Government Code section 11343.4 (Register 2004, No. 53).

Note: Authority cited: Section 10489.15, Insurance Code. Reference: Section 10489.15, Insurance Code.

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