NDAC 45-04-07.3-04
Minimum valuation method standards
Cite as N.D. Admin. Code ยง 45-04-07.3-04
1.
The method used in determining the standard for the minimum valuation of reserves of
pre-need life insurance shall be the method defined in North Dakota Century Code section
26.1-35-02.
2.
The method used in determining the standard for the minimum nonforfeiture values for
pre-need life insurance shall be the method defined in North Dakota Century Code section
26.1-33-27.