California Statutes

§ 1231. — 1231. (Added by Stats. 1982, Ch. 1351, Sec. 3.)

California § 1231.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 1.DIVISION 1. GENERAL RULES GOVERNING INSURANCE
Part 2.PART 2. THE BUSINESS OF INSURANCE
Ch. 2.CHAPTER 2. Incorporated Insurers
Art. 5.5.ARTICLE 5.5. Life Insurance Policy Loans

This text of California § 1231. (1231. (Added by Stats. 1982, Ch. 1351, Sec. 3.)) 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 § 1231. (2026).

Text

For the purposes of this article the “published monthly average” means:

(a)Moody’s Corporate Bond Yield Average-Monthly Average Corporates as published by Moody’s Investors Service, Inc. or any successor thereto.
(b)In the event that Moody’s Corporate Bond Yield Average-Monthly Average Corporates is no longer published, a substantially similar average, established by the Legislature.

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Legislative History

Added by Stats. 1982, Ch. 1351, Sec. 3.

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