La. Admin. Code tit. 37 § XIII-13111
Current through Register Vol. 50, No. 11, November 20, 2024
Section XIII-13111 - Minimum Valuation Interest Rate StandardsA. The minimum statutory valuation interest rate standard used in the valuation of preneed life insurance shall be the calendar year statutory valuation interest rates as defined in Title 22, the Louisiana Insurance Code, R.S. 22:163.B.(1).B. The minimum statutory interest rate standard used in the determination of nonforfeiture values for preneed life insurance shall be the calendar year statutory nonforfeiture interest rates as defined in Title 22, the Louisiana Insurance Code, R.S. 22:168.G.(9).La. Admin. Code tit. 37, § XIII-13111
Promulgated by the Department of Insurance, Office of the Commissioner, LR 34:2193 (October 2008).AUTHORITY NOTE: Promulgated in accordance with R.S. 22:3, 22:163, 22:168 and the Administrative Procedure Act, R.S. 49:950 et seq.