Arkansas Statutes

§ 23-81-126 — Annuity and pure endowment contracts - Dividend provision

Arkansas·Title 23
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.

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Legislative History

Acts 1959, No. 148, § 329; A.S.A. 1947, § 66-3320.

Nearby Sections

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