45-04-07.3-02

N.D. Admin. Code § 45-04-07.3-02

Minimum Valuation Mortality Standards

Effective Jan 1, 2009General Authority: NDCC 28-32-02; Law Implemented: NDCC 26.1-35-02Insurance, Commissioner of

45-04-07.3-02. Minimum valuation mortality standards.

The minimum mortality standard for pre-need life insurance contracts for determining reserve liabilities and nonforfeiture values for both male and female insureds shall be the ultimate 1980 CSO.

History: Effective January 1, 2009.

General Authority: NDCC 28-32-02

Law Implemented: NDCC 26.1-35-02