STATE STATUTES & CODES
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MAINE STATUTES AND CODES
24-A §2552. Definitions
Title 24-A: MAINE INSURANCE CODE
Chapter 29: LIFE INSURANCE AND ANNUITY CONTRACTS
§2552. Definitions
For the purposes of sections 2553 and 2554 the "published monthly average" means: [1981, c. 188, §4 (NEW).]
1. Moody's Corporate Bond Yield Average-Monthly Average Corporates as published by Moody's Investors Services, Inc. or any successor thereto; or
[ 1981, c. 188, §4 (NEW) .]
2. In the event that Moody's Corporate Bond Yield Average-Monthly Average Corporates is no longer published, a substantially similar average, established by regulation issued by the superintendent.
[ 1981, c. 188, §4 (NEW) .]
SECTION HISTORY
1981, c. 188, §4 (NEW).