### Question
How is the term prevailing commissioners' standard tables defined?


### Answer
The term **prevailing commissioners' standard tables** is defined in *26 U.S.C. § 7702* as the following:

> the most recent commissioners' standard tables prescribed by the National Association of Insurance Commissioners which are permitted to be used in computing reserves for that type of contract under the insurance laws of at least 26 States when the contract was issued

#### Citation:
  - *26 U.S.C. § 7702*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 79-DEFINITIONS**

