40-420b. Same; definitions.
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/ks/chapter-40/40-420bA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
40-420b. Same; definitions. For purposes of this act the "published monthly average" means:
(a)Moody's corporate bond yield average—monthly average corporates as published by Moody's investors service, inc., or any successor thereto; or
(b)in the event that Moody's corporate bond yield average—monthly average corporates is no longer published, a substantially similar average, established by regulation issued by the commissioner.