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2012 Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 29: LIFE INSURANCE AND ANNUITY CONTRACTS
24-A §2552. Definitions


24-A ME Rev Stat § 2552 (2012 through 125th Legis) What's This?

§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).

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