§ 38.2-3225. Maturity date
For the purpose of determining the benefits calculated under §§ 38.2-3223 and 38.2-3224 for annuity contracts under which an election may be made to have annuity payments commence at optional maturity dates, the maturity date shall be deemed to be the latest date for which election is permitted by the contract, but shall not be deemed to be later than the anniversary of the contract next following the annuitant's seventieth birthday or the tenth anniversary of the contract, whichever is later.
(1979, c. 437, § 38.1-470.1; 1986, c. 562.)
Sections: Previous 38.2-3215 38.2-3216 38.2-3217 38.2-3218 38.2-3219 38.2-3220 38.2-3221 38.2-3222 38.2-3223 38.2-3224 38.2-3225 38.2-3226 38.2-3227 38.2-3228 38.2-3229 NextLast modified: April 16, 2009