Sec. 2. (a) Before the operative date of the valuation manual specified in section 34 of this chapter, as used in this chapter, “appointed actuary” means a qualified actuary who is appointed to prepare an actuarial opinion required by sections 21 and 22 of this chapter.

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Indiana Code 27-1-12.8-2

  • qualified actuary: means an individual who is qualified to sign the applicable statement of actuarial opinion in accordance with the American Academy of Actuaries qualification standards. See Indiana Code 27-1-12.8-14
     (b) On and after the operative date of the valuation manual specified in section 34 of this chapter, as used in this chapter, “appointed actuary” means a qualified actuary who is appointed in accordance with the valuation manual to prepare an actuarial opinion required by section 23 of this chapter.

As added by P.L.276-2013, SEC.10.