14VAC5-323-50. Minimum valuation method standards.
A. The method used in determining the standard for the minimum valuation of reserves of preneed insurance shall be the method defined in §§ 38.2-1368 and 38.2-1369 of the Code of Virginia.
B. The method used in determining the standard for the minimum nonforfeiture values for preneed insurance shall be the method defined in § 38.2-3209 of the Code of Virginia.
Statutory Authority
§§ 12.1-13 and 38.2-223 of the Code of Virginia.
Historical Notes
Derived from Virginia Register Volume 25, Issue 8, eff. January 1, 2009; amended, Virginia Register Volume 31, Issue 9, eff. January 1, 2015.
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