GroundRules
14VAC5-323-40: Minimum valuation interest rate standards
Where this section sits in the code
- Title 14. Insurance
- Agency 5. State Corporation Commission, Bureau of Insurance
- Chapter 323. Rules Governing Preneed Life Insurance Minimum Standards for Determining Reserve Liabilities and Nonforfeiture Values
A. The interest rates used in determining the minimum standard for valuation of preneed insurance shall be the calendar year statutory valuation interest rates as defined in § 38.2-1371 of the Code of Virginia.
B. The interest rates used in determining the minimum standard for nonforfeiture values for preneed insurance shall be the calendar year statutory nonforfeiture interest rates as defined in § 38.2-3209 of the Code of Virginia.
Collected 2026-09-14T04:51:58Z. Source file · JSON