Ins. Code, § 10159.1 · Article 3a. Standard Nonforfeiture Law for Life Insurance
Ins. Code, § 10159.1
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) This article is applicable only to policies and contracts issued on or after the operative date as to such policies or contracts of this article.
(b) The term “operative date of the valuation manual” means the January 1 of the first calendar year that the valuation manual, as defined in Section 10489.1, is effective.
Notes and commentary — not statutory text
History
Amended by Stats. 2015, Ch. 658, Sec. 1. (SB 696) Effective January 1, 2016.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=10159.1.
- Text hash
- sha256 f32530a2e74e8f48d14d03bf26f7418484415bb516999ee5e419a8895e6caaa5
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
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Insurance Code
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