Arkansas Statutes
§ 23-81-121 — Annuity and pure endowment contracts - Standard provisions required
Arkansas·Title 23
(a)No annuity or pure endowment contract, other than reversionary annuities, survivorship annuities, or group annuities and except as stated in this section, shall be delivered or issued for delivery in this state unless it contains in substance each of the provisions specified in §§ 23-81-122 - 23-81-127 . Any of the provisions not applicable to single premium annuities or single premium pure endowment contracts shall not, to that extent, be incorporated therein.
(b)This section shall not apply to contracts for deferred annuities included in, or upon the lives of beneficiaries under, life insurance policies.
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Legislative History
Acts 1959, No. 148, § 324; A.S.A. 1947, § 66-3315.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
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