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The Florida Senate

2002 Florida Statutes

SECTION 807
Variable or indeterminate value contract reserve requirements.
Section 627.807, Florida Statutes 2002

627.807  Variable or indeterminate value contract reserve requirements.--The reserve liability for variable or indeterminate value contracts shall be established in accordance with actuarial procedures that recognize the variable nature of the benefits, values, or premiums provided and any mortality guarantees.

History.--s. 2, ch. 73-30; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 592, 593, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 114, ch. 92-318.