California Insurance Code

§ 10485

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

INS § 10485Div. 2 · Part 2 · Ch. 5 · Art. 3

Statute text

View on leginfo.ca.gov

Any life insurer issuing policies of group life insurance may value such policies on any accepted table of mortality with interest assumption adopted by the insurer for that purpose if such standard is not lower than the American Men Ultimate Table of Mortality with interest assumption at three and one-half per cent per annum.

Legislative history

Enacted by Stats. 1935, Ch. 145.