Statute · California Insurance Code
Cal. Ins. Code § 11135 — Financial Matters
Cal. Ins. Code § 11135
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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.
Citator
Cal. Ins. Code § 11135 — Financial Matters is in force in the current edition of the Code, and nothing recorded condemns it.
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.