Montana Code 33-2-414. Interest rate weighting factor
Current as of: 2023 | Check for updates
|
Other versions
33-2-414. Interest rate weighting factor. (1) The weighting factors referred to in the formulas stated in 33-2-413 are as follows:
Terms Used In Montana Code 33-2-414
- Life insurance: means contracts that incorporate mortality risk, including annuity and pure endowment contracts. See Montana Code 33-2-402
(a)(i) for life insurance:
| Guarantee Duration in Years | Weighting Factors |
| 10 or less | .50 |
| More than 10 but not more than 20 | .45 |
| More than 20 | .35 |