To incorporate in state law the 2001 Commissioners Standard Ordinary (CSO) Mortality Table for use in determining minimum reserve liabilities of life insurance companies, as well as premiums and nonforfeiture benefits. The provisions are based on model legislation developed by the National Association of Insurance Commissioners.
36 Yeas / 0 Nays | |
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Democrat (14 Yeas / 0 Nays) | |
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Excused or Not Voting (2) | |
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