Cal. Insurance Code § 11490
Cal. Insurance Code § 11490
California · California Insurance Code · Status: effective
Cite this
- Citation
- Cal. Insurance Code § 11490, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/880765
- Permanent ID
ys:prov:880765@1- SHA-256
cc38b49d267312b7aa81294f0a0de7cfe21bece2070a30dee338a4e562fc5387
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Any life insurer which has transformed its business pursuant to this chapter shall value its assessment policies according to the standard of valuation which would be used in the absence of the transformation, and shall value its nonassessable reserve basis policies according to the standard of valuation set forth in Article 3 (commencing with Section 10478) of Chapter 5. The various kinds of insurance written shall be governed by the provisions of this code applicable thereto.