If an annuity or pure endowment contract, other than a reversionary, survivorship, or group annuity, is participating, there shall be a provision that the insurer shall annually ascertain and apportion any divisible surplus accruing on the contract.
Section: Previous 23-81-118 23-81-120 23-81-121 23-81-122 23-81-123 23-81-124 23-81-125 23-81-126 23-81-127 23-81-128 23-81-129 23-81-130 23-81-131 23-81-132 23-81-133 NextLast modified: November 15, 2016