Statute · California Insurance Code
Cal. Ins. Code § 1231 — Life Insurance Policy Loans
Cal. Ins. Code § 1231
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
For the purposes of this article the “published monthly average” means:
Citator
Cal. Ins. Code § 1231 — Life Insurance Policy Loans is in force in the current edition of the Code, and nothing recorded condemns it.
For the purposes of this article the “published monthly average” means:
(a) Moody’s Corporate Bond Yield Average-Monthly Average Corporates as published by Moody’s Investors Service, Inc. or any successor thereto.
(b) In the event that Moody’s Corporate Bond Yield Average-Monthly Average Corporates is no longer published, a substantially similar average, established by the Legislature.