[§431:10D-604] Report to contract owners. For annuities in the payout period with changes in non-guaranteed elements, and for the accumulation period of a deferred annuity, the insurer shall at least annually provide each contract owner with a report of the status of the contract that contains at least the following information:
(1) The beginning and ending dates of the current report period;
(2) The accumulation and cash surrender value, if any, at the end of the previous report period and at the end of the current report period;
(3) The total amounts, if any, that have been credited, charged to the contract value, or paid during the current report period; and
(4) The amount of outstanding loans, if any, as of the end of the current report period. [L 2006, c 71, pt of §1]
Revision Note
Subsection designation deleted pursuant to §23G-15.
Section: Previous 431-10d-507 431-10d-508 431-10d-509 431-10d-510 431-10d-601 431-10d-602 431-10d-603 431-10d-604 431-10d-605 431-10d-621 431-10d-622 431-10d-623 431-10d-624 431-10d-625 431-10d-626 NextLast modified: October 27, 2016