Kansas § 40-420b Same; definitions

Kansas Statutes

§ 40-420b — Same; definitions

Kansas·Ch. 40 INSURANCE·Art. 4 GENERAL PROVISIONS RELATING TO LIFE INSURANCE COMPANIES

For purposes of this act 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; or

(b)in the event that Moody's corporate bond yield average—monthly average corporates is no longer published, a substantially similar average, established by regulation issued by the commissioner.

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For purposes of this act 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; or
(b) in the event that Moody's corporate bond yield average—monthly average corporates is no longer published, a substantially similar average, established by regulation issued by the commissioner.

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