NAC686A.462. “Currently payable scale” defined.  


Latest version.
  • “Currently payable scale” means a scale of nonguaranteed elements that:

         1. Are in effect for a policy form on the date of the preparation of the illustration; or

         2. Will be effective within 95 days after that date.

     (Added to NAC by Comm’r of Insurance by R089-97, eff. 1-14-98)