Ind. Code § 27-1-12.8-13
"Principal based valuation"
Indiana · Indiana Code Title 27 — Insurance · Status: effective
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- Citation
- Ind. Code § 27-1-12.8-13, "Principal based valuation", Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1661760
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Full text
Sec. 13. 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.