Section 45-04-07.1-02 - 2001 CSO mortality table1. At the election of the company for any one or more specified plans of insurance and subject to the conditions stated in this regulation, the 2001 CSO mortality table may be used as the minimum standard for policies issued on or after January 1, 2005, and before the date specified in subsection 2 to which subdivision c of subsection 1 of North Dakota Century Code section 26.1-35-02, subdivision f of subsection 8 of North Dakota Century Code section 26.1-33-24, and subsections 1 and 2 of section 45-04-12-03 are applicable. If the company elects to use the 2001 CSO mortality table, it shall do so for both valuation and nonforfeiture purposes. 2. Subject to the conditions stated in this chapter, the 2001 CSO mortality table shall be used in determining minimum standards for policies issued on and after January 1, 2009, to which subdivision c of subsection 1 of North Dakota Century Code section 26.1-35-02, subdivision f of subsection 8 of North Dakota Century Code section 26.1-33-24, and subsections 1 and 2 of section 45-04-12-03 are applicable. N.D. Admin Code 45-04-07.1-02
General Authority: NDCC 28-32-02
Law Implemented: NDCC 26, 1-35-02