§ 997 (a) For statement purposes as defined in Article 10 (commencing …

Terms Used In California Codes > Insurance Code > Division 1 > Part 2 > Chapter 1 > Article 13.5 - Disability Insurance Reserves

  • Commissioner: means the Insurance Commissioner of this State. See California Insurance Code 20
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Vessel: includes ships of all kinds, steamboats, steamships, canal boats, barges, sailing vessels, and every structure adapted to be navigated from place to place for the transportation of merchandise or persons. See California Harbors and Navigation Code 21