"Published monthly average" defined.

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58-15-15.5. Published monthly average defined.

For purposes of §§58-15-15.4 to 58-15-15.12, inclusive, the "published monthly average" means Moody's corporate bond yield average--monthly average corporates, as published by Moody's investors service, incorporated, by yearly order of the director, or in the event that Moody's corporate bond yield average--monthly average corporates is no longer published, a substantially similar average, established by rule promulgated by the director.

Source: SL 1982, ch 358, §2; SL 1986, ch 22, §28.


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