02-031-340 Me. Code R. § VII-3
At the election of the company, for each calendar year of issue, for any one or more specified plans of insurance and subject to satisfying the conditions stated in this Article, the 2001 CSO Preferred Class Structure Mortality Table may be substituted in place of the 2001 CSO Smoker or Nonsmoker Mortality Table as the minimum valuation standard for policies issued on or after January 1, 2007. For policies issued on or after March 27, 2004 and prior to January 1, 2007, these tables may be substituted, with the consent of the Superintendent and subject to the conditions of Section 4. In determining such consent, the Superintendent may rely on the consent of the insurance commissioner of the company's state of domicile. No such election shall be made until the company demonstrates at least 20% of the business to be valued on this table is in one or more of the preferred classes. A table from the 2001 CSO Preferred Class Structure Mortality Table used in place of a 2001 CSO Mortality Table, pursuant to the requirements of this rule, will betreated as part of the 2001 CSO Mortality Table only for purposes of reserve valuation pursuant to the requirements of Article VI of this rule.
02-031 C.M.R. ch. 340, § VII-3