Current through the 2024 legislative session
Section 26-16-201 - Short title; policy issue date; valuation manual operative date(a) This article is known as the Standard Nonforfeiture Law for Life Insurance.(b) For the purpose of this article the date of issue of a policy is the date on which the insured's rated age is determined.(c) For the purpose of this article, "operative date of the valuation manual" means January 1, 2017.Amended by Laws 2017, ch. 67,§ 2, eff. 3/1/2017.