Cal. Code Regs. tit. 10 § 2542

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 2542 - Preamble

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.

Cal. Code Regs. Tit. 10, § 2542

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.

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