Louisiana Administrative Code
Title 37 - INSURANCE Part
Part XIII - Regulations
Chapter 131 - Regulation Number 96- Prescribed Minimum Statutory Reserve Liability and Nonforfeiture Standard for Preneed Life Insurance
Section XIII-13113 - Minimum Valuation Method Standards
Universal Citation: LA Admin Code XIII-13113
Current through Register Vol. 50, No. 9, September 20, 2024
A. The standard method used to determine the minimum statutory reserve for preneed life insurance shall be the method defined in Title 22, the Louisiana Insurance Code, R.S. 22:163.B.(4)(a).
B. The standard method used to determine the minimum nonforfeiture values for preneed life insurance shall be the method defined in Title 22, the Louisiana Insurance Code, R.S. 22:168.G.(1).
AUTHORITY NOTE: Promulgated in accordance with R.S. 22:3, 22:163, 22:168 and the Administrative Procedure Act, R.S. 49:950 et seq.
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