RSA 410:15 Valuation Manual for Policies Issued On or After the Operative Date of the Valuation Manual.
Title: XXXVII - INSURANCE
Chapter: 410 - STANDARD VALUATION LAW
I. For policies issued on or after the operative date of the valuation manual, the standard prescribed in the valuation manual is the minimum standard of valuation required under RSA 410:3, II, except as provided under RSA 410:15, V or VII.
II. The operative date of the valuation manual is January 1 of the first calendar year following the first July 1 as of which all of the following have occurred:
(a) The valuation manual has been adopted by the NAIC by an affirmative vote of at least 42 members, or 3/4 of the members voting, whichever is greater.
(b) The standard valuation law, as amended by the NAIC in 2009, or legislation including substantially similar terms and provisions, has been enacted by states representing greater than 75 percent of the direct premiums