California Statutes
§ 11490. — 11490. (Amended by Stats. 1982, Ch. 454, Sec. 118.)
California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 2. PART 2. LIFE AND DISABILITY INSURANCE·Ch. 11. CHAPTER 11. Change by Assessment Plan Insurer to Reserve Plan·Art. 5. ARTICLE 5. Valuation of Policies
Any life insurer which has transformed its business pursuant to this chapter shall value its assessment policies according to the standard of valuation which would be used in the absence of the transformation, and shall value its nonassessable reserve basis policies according to the standard of valuation set forth in Article 3 (commencing with Section 10478) of Chapter 5. The various kinds of insurance written shall be governed by the provisions of this code applicable thereto.
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California § 11490. (11490. (Amended by Stats. 1982, Ch. 454, Sec. 118.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1982, Ch. 454, Sec. 118.