DecisionDepot
California legal research

California Insurance Code

§ 1231

INS § 1231Div. 1 · Part 2 · Ch. 2 · Art. 5.5

Statute text

View on leginfo.ca.gov
For the purposes of this article the “published monthly average” means:
(a)Moody’s Corporate Bond Yield Average-Monthly Average Corporates as published by Moody’s Investors Service, Inc. or any successor thereto.
(b)In the event that Moody’s Corporate Bond Yield Average-Monthly Average Corporates is no longer published, a substantially similar average, established by the Legislature.

Legislative history

Added by Stats. 1982, Ch. 1351, Sec. 3.

Source: California Insurance Code § 1231 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.