Ind. Code § 27-1-12.8-9

Current through P.L. 171-2024
Section 27-1-12.8-9 - "Issue year basis"

As used in this chapter, "issue year basis" refers to a valuation basis under which the interest rate used to determine the minimum valuation standard for the entire duration of an annuity or a guaranteed interest contract is the calendar year valuation interest rate for the year of issue or year of purchase of the annuity or guaranteed interest contract.

IC 27-1-12.8-9

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