§958. Interest rates
All changes in the interest rates specified in this subchapter and in sections 2528 to 2534, which were made by the Amendatory Acts of 1979, shall become ineffective as to contracts or policies issued on or after November 1, 1987, unless expressly extended by law. [PL 1979, c. 453, §8 (NEW).]
SECTION HISTORY
PL 1979, c. 453, §8 (NEW).
Structure Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 11: ASSETS AND LIABILITIES
Subchapter 3: LIFE INSURANCE RESERVES
24-A §952. Calculation of reserve liabilities
24-A §952-A. Actuarial opinion of reserves
24-A §952-B. Applicability of reserving methodologies
24-A §953-A. Applicable interest rates
24-A §954. Commissioners reserve valuation method defined
24-A §956. Optional reserve calculation
24-A §957-A. Superintendent's authority to approve certain plans
24-A §958-A. Interest rates extended
24-A §959. Reserves subject to valuation manual
24-A §960. Requirements for principle-based reserves