Cal. Insurance Code § 11135
Cal. Insurance Code § 11135
California · California Insurance Code · Status: effective
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- Citation
- Cal. Insurance Code § 11135, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/880717
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Full text
The present value of deferred payments due under incurred claims or matured certificates shall be deemed a liability of the society and shall be computed upon the mortality and interest basis assumed by the society for such valuation.