Me. Stat. tit. 24-A § 2550

Current through 131st (2023-2024) Legislature Chapter 684
Section 2550 - Inclusion of lapse of time considerations

Any paid-up annuity, cash surrender or death benefits available at any time, other than on the contract anniversary under any contract with fixed scheduled considerations, shall be calculated with allowance for the lapse of time and the payment of any scheduled considerations beyond the beginning of the contract year in which cessation of payment of considerations under the contract occurs. [1979, c. 442, §4(NEW).]

24-A M.R.S. § 2550

1979, c. 442, § 4 (NEW) .