02-031-310 Me. Code R. § IX-2
Current through 2025-03, January 15, 2025
Any insurer issuing individual variable annuity contracts in this state shall mail to the contractholder in the case of an annuity contract under which annuity payments have not yet commenced, a statement reporting the number of accumulation units credited to such contract, the dollar value of a unit, and the value of the contractholder's account; a similar report shall be given to persisting contractholders at least once in each contract year after the first at his last address known to the insurer. Those reports to persisting contractholders shall reflect values not less current in time than four months previous to the date of mailing.
02-031 C.M.R. ch. 310, § IX-2