California Legal Codes and Statutes

§ 11135

Added by Stats. 1951, Ch. 1193.

The present value of deferred payments due under incurred claims or matured certificates shall be deemed a liability of the society and shall be computed upon the mortality and interest basis assumed by the society for such valuation.

Cite this section

Cal. Ins. Code § 11135 (2026)
https://ca.codecond.com/codes/ins/division-2-classes-of-insurance/part-2-life-and-disability-insurance/chapter-10-fraternal-benefit-societies/article-7-financial-matters/section-11135

Other sections in Article 7 - Financial Matters

§ 11120§ 11121§ 11122§ 11122.1§ 11123§ 11124§ 11125§ 11126§ 11127§ 11128…§ 11137§ 11138§ 11139§ 11140§ 11141§ 11142§ 11143§ 11144§ 11145§ 11146

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