Existing law generally regulates insurance in the state, including annuity contracts. Existing law establishes formulas for the minimum nonforfeiture amount for specified annuity contracts and the interest rate used to determine that minimum nonforfeiture amount.
This bill would make nonsubstantive changes to that provision.

Statutes affected:
SB 1206: 10168.25 INS
02/19/26 - Introduced: 10168.25 INS