KRS 304.29-201: Nonforfeiture benefits, cash surrender values, certificate loans and

other options.

(1) For certificates issued prior to one (1) year after January 1, 1989, the value of every

paid-up nonforfeiture benefit and the amount of any cash surrender value , loan or

other option granted shall comply with the provisions of law applicable immediately

prior to January 1, 1989.

(2) For certificates issued on or after one (1) year from January 1, 1989, for which

reserves are computed on the commissioner's 1941 st andard ordinary mortality

table, the commissioner's 1941 standard industrial table or the commissioner's 1958

standard ordinary mortality table, or the commissioner's 1980 standard mortality

table, or anymore recent table made applicable to life insurers, every paid -up

nonforfeiture benefit and the amount of any cash surrender value, loan or other

option granted shall not be less than the corresponding amount ascertained in

accordance with the laws of this state applicable to life insurers issuing policies

containing like benefits based upon such tables.