Home/California/Statutes/Code INS: Insurance Code - INS/Div. 2.: DIVISION 2. CLASSES OF INSURANCE/Part 2.: PART 2. LIFE AND DISABILITY INSURANCE/Ch. 10.: CHAPTER 10. Fraternal Benefit Societies/Art. 7.: ARTICLE 7. Financial Matters/§ 11135.
California Statutes

§ 11135. — 11135. (Added by Stats. 1951, Ch. 1193.)

California § 11135.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 2.DIVISION 2. CLASSES OF INSURANCE
Part 2.PART 2. LIFE AND DISABILITY INSURANCE
Ch. 10.CHAPTER 10. Fraternal Benefit Societies
Art. 7.ARTICLE 7. Financial Matters

This text of California § 11135. (11135. (Added by Stats. 1951, Ch. 1193.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Insurance Code - INS Code § 11135. (2026).

Text

The present value of deferred payments due under incurred claims or matured certificates shall be deemed a liability of the society and shall be computed upon the mortality and interest basis assumed by the society for such valuation.

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Legislative History

Added by Stats. 1951, Ch. 1193.
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California § 11135., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/11135..