Current through the 2023 Regular Session
Section 33-2-1131 - PurposeThe purpose of sections 33-2-1130 through 33-2-1138 is to provide:
(1) requirements for maintaining a risk management framework and completing an own risk and solvency assessment; and(2) guidance and instructions for filing an ORSA summary report with the commissioner.Added by Laws 2015, Ch. 370, Sec. 2, eff. 4/30/2015, and applicable retroactively, within the meaning of 1-2-109, to all policies and contracts subject to 33-2-521 that were issued prior to the operative date of the valuation manual as provided in 33-2-523. See Laws 2015, Ch. 370, Sec. 44.