§ 403. Mortality and other tables. 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.