Maine Statutes

§ 24-A §2522 — Dividends -- annuities

Maine·Title 24-A MAINE INSURANCE CODE·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

PL 1969, c. 132, §1 (NEW).

Nearby Sections

15
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