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Current as of January 01, 2025 | Updated by Findlaw Staff
The present value of deferred payments due under incurred claims or matured certificates shall be deemed a liability of the society and shall be computed upon the mortality and interest basis assumed by the society for such valuation.
Cite this article: FindLaw.com - California Code, Insurance Code - INS § 11135 - last updated January 01, 2025 | https://codes.findlaw.com/ca/insurance-code/ins-sect-11135/
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