Kansas § 40-4,108 Same; maturity date

Kansas Statutes

§ 40-4,108 — Same; maturity date

Kansas § 40-4,108

Ch. 40INSURANCE

Art. 4GENERAL PROVISIONS RELATING TO LIFE INSURANCE COMPANIES

This text of Kansas § 40-4,108 (Same; maturity date) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Kan. Stat. Ann. § 40-4,108 (2026).

Text

For the purpose of determining the benefits calculated under K.S.A. 40-4,106 and 40-4,107, and amendments thereto, in the case of annuity contracts under which an election may be made to have annuity payments commence at optional maturity dates, the maturity date shall be deemed to be the latest date for which election shall be permitted by the annuity contract, but shall not be deemed to be later than the anniversary of such annuity contract next following the annuitant's 70 th birthday or the 10 th anniversary of such annuity contract, whichever is later.

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For the purpose of determining the benefits calculated under K.S.A. 40-4,106 and 40-4,107, and amendments thereto, in the case of annuity contracts under which an election may be made to have annuity payments commence at optional maturity dates, the maturity date shall be deemed to be the latest date for which election shall be permitted by the annuity contract, but shall not be deemed to be later than the anniversary of such annuity contract next following the annuitant's 70 th birthday or the 10 th anniversary of such annuity contract, whichever is later.