§58-61-5. Definitions  


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  • For purposes of this Article the "Published Monthly Average" means:

    (1)        The Monthly Average of the Composite Yield on Seasoned Corporate Bonds as published by Moody's Investors Service, Inc., or any successor thereto; or

    (2)        In the event that the Monthly Average of the Composite Yield  on Seasoned Corporate Bonds is no longer published, a substantially similar average, established by regulation issued by the Commissioner.

(1981, c. 841, s. 1.)