Insurers may use the tables as described in Proposed NAIC Model Rule Permitting Smoker/Nonsmoker Mortality Rates for Use in Determining Minimum Reserve Liabilities and Nonforfeiture Benefits. NAIC Proceedings, 1984 Volume I, pp. 458–460. Nothing in this rule permits a company which has elected use of 1980 CSO for all new forms to revert to 1958 CSO for a subsequent form.

[Publications: Publications referenced are available from the agency.]

Statutory/Other Authority

ORS 731, 733 & 743

Statutes/Other Implemented

ORS 733.306(1)-(2) & 733.306(4)-(6)

History

IC 5-1985, f. & ef. 11-20-85