CA Ins Code Section 10489


Any insurer which at any time shall have adopted any standard of valuation producing greater aggregate reserves than those calculated according to the minimum standard provided in this article or Article 3a of this chapter may, with the approval of the commissioner, adopt any lower standard of valuation, but not lower than the minimum therein provided.
Last Updated

Aug. 19, 2023

§ 10489’s source at ca​.gov