California Statutes

§ 1446. — 1446. (Enacted by Stats. 1990, Ch. 79.)

California·Code PROB Probate Code - PROB·Div. 4. DIVISION 4. GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS·Part 1. PART 1. DEFINITIONS AND GENERAL PROVISIONS·Ch. 1. CHAPTER 1. Short Title and Definitions
“Single-premium deferred annuity” means an annuity offered by an admitted life insurer for the payment of a one-time lump-sum premium and for which the insurer neither assesses any initial charges or administrative fees against the premium paid nor exacts or assesses any penalty for withdrawal of any funds by the annuitant after a period of five years.

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California § 1446. (1446. (Enacted by Stats. 1990, Ch. 79.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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Legislative History

Enacted by Stats. 1990, Ch. 79.
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