Montana Statutes

§ 33-20-134 — Variable Interest Rates -- Published Monthly Average Defined

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 20 LIFE INSURANCE·Part 1 Policy Provisions

33-20-134 . Variable interest rates -- published monthly average defined. For purposes of 33-20-132 through 33-20-136 , the "published monthly average" means:

(1)Moody's corporate bond yield average--monthly average corporates, as published by Moody's investors service, incorporated; or
(2)in the event that Moody's corporate bond yield average--monthly average corporates is no longer published, a substantially similar average, established by rule of the commissioner.

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Legislative History

En. Sec. 3, Ch. 191, L. 1985.

Nearby Sections

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