R590-241-2. Purpose and Scope

(1) The purpose of this rule is to recognize, permit, and prescribe the use of mortality tables that reflect differences in mortality between preferred and standard lives to determine minimum reserve liabilities under Sections 31A-17-504 and R590-198-5. (2) This rule applies to a life insurance company or a fraternal benefit society: (a) doing business in this state or; (b) authorized to reinsure life insurance business in this state.