North Carolina General Statutes § 58-61-5 Definitions

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.)

Sections:  Previous  58-60-155  58-60-160  58-60-165  58-60-170  58-60-175  58-60-180  58-61-1  58-61-5  58-61-10  58-61-15  58-62-2  58-62-6  58-62-11  58-62-16  58-62-21  Next

Last modified: March 23, 2014