TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE
SUBCHAPTER s: LEGAL RESERVE LIFE
PART 1412 RECOGNITION OF THE 2001 CSO MORTALITY TABLE FOR USE IN DETERMINING MINIMUM RESERVE LIABILITIES AND NONFORFEITURE BENEFITS
SECTION 1412.10 PURPOSE


 

Section 1412.10  Purpose

 

The purpose of this Part is to recognize, permit and prescribe the use of the 2001 Commissioners Standard Ordinary (CSO) Mortality Table under the authority of Sections 223(3)(a)(i) and 229.2(4c)(h)(vi) of the Illinois Insurance Code and for use under 50 Ill. Adm. Code 1409.40(a) and (b).