Delaware Statutes

§ 2923 — Dividends; annuities

Delaware·Title 18·Part Insurance·Ch. 29 LIFE INSURANCE AND ANNUITY CONTRACTS
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

18 Del. C. 1953, § 2923; 56 Del. Laws, c. 380, § 1

Nearby Sections

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