California Statutes
§ 1231. — 1231. (Added by Stats. 1982, Ch. 1351, Sec. 3.)
California·Code INS Insurance 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
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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California § 1231. (1231. (Added by Stats. 1982, Ch. 1351, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1982, Ch. 1351, Sec. 3.