Section 403. Mortality and other tables

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In all valuations made under this
  article where such valuation depends upon the continuance  of,  or  upon
  the  termination  of  a  life  or lives in being, the table of mortality
  prescribed by  section  four  thousand  two  hundred  seventeen  of  the
  insurance  law  for new, ordinary life policies shall be employed in the
  manner required by accepted actuarial practice. If, in  any  case,  such
  table fails to provide required data, other tables accepted by actuarial
  practice may be employed.

                    
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