§ 30

14 Va. Admin. Code § 5-323-30

Minimum valuation mortality standards.

Effective Jan 1, 2009Virginia Register Volume 25, Issue 8§§ 12.1-13 and 38.2-223 of the Code of Virginia.State Corporation Commission, Bureau of Insurance

For preneed insurance contracts, and similar policies and contracts, the minimum mortality standard for determining reserve liabilities and nonforfeiture values for both male and female insureds shall be the Ultimate 1980 CSO.

Statutory Authority

§§ 12.1-13 and 38.2-223 of the Code of Virginia.

Historical Notes

Derived from Virginia Register Volume 25, Issue 8, eff. January 1, 2009.