Mont. Code § 33-20-511

Current through the 2023 Regular Session
Section 33-20-511 - Adjusted benefit

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 consideration shall be calculated with allowance for the lapse of time and the payment of any scheduled consideration beyond the beginning of the contract year in which cessation of payment of consideration under the contract occurs.

§ 33-20-511, MCA

En. Sec. 18, Ch. 346, L. 1979.