Idaho Statutes
§ 41-1943 — STANDARDS FOR POLICY PROVISIONS FOR ANNUITIES
No annuity shall be delivered or issued for delivery in this state that contains:
(1)Surrender charges that persist past ten (10) years from the time of deposit; or
(2)Surrender charges that exceed ten percent (10%) in the first year and decrease one percent (1%) per year in subsequent years.
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Idaho § 41-1943 (STANDARDS FOR POLICY PROVISIONS FOR ANNUITIES) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
[41-1943, added 2020, ch. 290, sec. 3, p. 840.]
Nearby Sections
15
§ 41-1001
PURPOSE AND SCOPE§ 41-1002
TERMS CONSTRUED§ 41-1003
DEFINITIONS§ 41-1004
LICENSE REQUIRED§ 41-1005
EXCEPTIONS TO LICENSING§ 41-1006
APPLICATION FOR EXAMINATION§ 41-1007
APPLICATION FOR PRODUCER LICENSE§ 41-1008
PRODUCER LICENSE§ 41-1009
NONRESIDENT PRODUCER LICENSE§ 41-101
SHORT TITLE§ 41-1011
ISSUANCE — REFUSAL OF LICENSE§ 41-1012
EXEMPTION FROM EXAMINATION§ 41-1014
ASSUMED NAMES