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California · Through 2026-09-13

INS § 11135

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Where this section sits in the code
  1. Insurance Code - INS
  2. DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]
  3. PART 2. LIFE AND DISABILITY INSURANCE [10110. - 11549.]
  4. CHAPTER 10. Fraternal Benefit Societies [10970. - 11165.]
  5. ARTICLE 7. Financial Matters [11120. - 11146.]

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.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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