2014 Virginia Code
Title 38.2 - Insurance
§ 38.2-3136. (Repealed effective January 1, 2015) Alternative method for determining reference interest rates


VA Code § 38.2-3136 (2014) What's This?

If Moody's Corporate Bond Yield Average -- Monthly Average Corporates is no longer published by Moody's Investors Service, Inc., or if the National Association of Insurance Commissioners determines that Moody's Corporate Bond Yield Average -- Monthly Average Corporates as published by Moody's Investors Service, Inc. is no longer appropriate for the determination of the reference interest rate as defined in § 38.2-3135, then an alternative method for determination of the reference interest rate may be substituted if it is adopted by the National Association of Insurance Commissioners and approved by the Commission.

Code 1950, § 38-394; 1952, c. 317, § 38.1-456; 1959, Ex. Sess., c. 43; 1962, c. 562; 1975, c. 215; 1979, c. 437; 1982, c. 227; 1986, c. 562.

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