Ga. Comp. R. & Regs. 120-2-90-.02

Current through Rules and Regulations filed through June 17, 2024
Rule 120-2-90-.02 - Purpose

The purpose of this regulation is to recognize, permit and prescribe the use of the 2001 Commissioners Standard Ordinary (CSO) Mortality Table in accordance with O.C.G.A. §§ 33-10-13(d)(1)(B)(iii) and 33-25-4(e)(8)(F) and Georgia Insurance Department Regulation Chapter 120-2-90 and to recognize and permit the use of mortality tables that reflect differences in mortality between Preferred and Standard lives in determining minimum reserve liabilities for life insurance pursuant to O.C.G.A. § 33-10-13(d)(1)(B)(iii) and Georgia Insurance Department Regulation Chapter 120-2-90.

Ga. Comp. R. & Regs. R. 120-2-90-.02

O.C.G.A. Secs. 33-2-9, 33-10-13, 33-25-4.

Original Rule entitled "Purpose" adopted. F. Jan. 28, 2005; eff. Feb. 17, 2005.
Repealed: New Rule of same title adopted. F. Dec. 11, 2006; eff. Jan. 1, 2007, as specified by the Agency.