Statutes, codes, and regulations
North Dakota Century Code
Title 26.1 - INSURANCE
Chapter 26.1-34 - ANNUITIES
Section 26.1-34-08 - Benefits on cessation of payment of considerations off the anniversary

N.D. Cent. Code § 26.1-34-08

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Current through 2023 Legislative Sessions
Section 26.1-34-08 - Benefits on cessation of payment of considerations off the anniversary

Any paid-up annuity, cash surrender, or death benefits available at any time, other than on the contract anniversary, under any annuity contract with fixed scheduled considerations, must 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.

N.D.C.C. § 26.1-34-08