Statute · New York Real Property Actions & Proceedings Law

N.Y. Real Prop. Acts. Law § 403 — Mortality and other tables

N.Y. Real Prop. Acts. Law § 403

Type
Statute
Source
New York Real Property Actions & Proceedings Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 403. Mortality and other tables. In all valuations made under this article where such valuation depends upon the continuance of, or upon the termination of a life or lives in being, the table of mortality prescribed by section four thousand two hundred seventeen of the insurance law for new,…

Citator

N.Y. Real Prop. Acts. Law § 403 — Mortality and other tables is in force in the current edition of the Code, and nothing recorded condemns it.

§ 403. Mortality and other tables. In all valuations made under this article where such valuation depends upon the continuance of, or upon the termination of a life or lives in being, the table of mortality prescribed by section four thousand two hundred seventeen of the insurance law for new, ordinary life policies shall be employed in the manner required by accepted actuarial practice. If, in any case, such table fails to provide required data, other tables accepted by actuarial practice may be employed.