Section 11135.

Cal. Insurance Code - INS § 11135.
in effect
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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.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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Cal. Insurance Code - INS § 11135. — Section 11135 | Insurance Code - INS | Corpus