Ind. Code § 27-1-12.6-4

Current through P.L. 171-2024

Section 27-1-12.6-4 - Automatic payments

An annuity contract shall not contain a provision wherein life insurance premium or annuity consideration payments may be automatically made by the company by withdrawing from or placing a loan against annuity nonforfeiture values provided under the contract.

IC 27-1-12.6-4

As added by Acts1977 , P.L. 286, SEC.2.