California Law (Last Updated: March 4, 2014) |
Insurance Code - INS |
Division 1. GENERAL RULES GOVERNING INSURANCE |
Part 2. THE BUSINESS OF INSURANCE |
Chapter 2. Incorporated Insurers |
ARTICLE 5.5. Life Insurance Policy Loans |
Section 1233.
Latest version.
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If the maximum rate of interest is determined pursuant to paragraph (2) of subdivision (a) of Section 1232, the policy shall contain a provision setting forth the frequency at which the rate is to be determined for that policy.
(Added by Stats. 1982, Ch. 1351, Sec. 3.)