Short Title; Policy Issue Date; Valuation Manual Operative Date.

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26-16-201. Short title; policy issue date; valuation manual operative date.

(a) This article is known as the Standard Nonforfeiture Law for Life Insurance.

(b) For the purpose of this article the date of issue of a policy is the date on which the insured's rated age is determined.

(c) For the purpose of this article, "operative date of the valuation manual" means January 1, 2017.


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