Ind. Code § 27-1-12.8-13

Current through P.L. 171-2024

Section 27-1-12.8-13 - "Principal based valuation"

On and after the operative date of the Valuation Manual specified in section 34 of this chapter, as used in this chapter, "principal based valuation" means a reserve valuation that:

(1) uses at least one (1) method or assumption determined by the insurer; and

(2) is required to comply with section 35 of this chapter as specified in the Valuation Manual.

IC 27-1-12.8-13

Amended by P.L. 124-2018,SEC. 21, eff. 7/1/2018.

Added by P.L. 276-2013, SEC. 10, eff. 7/1/2013.