Maine Statutes

§ 24-A §2550 — Inclusion of lapse of time considerations

Maine § 24-A §2550
JurisdictionMaine
Title 24-AMAINE INSURANCE CODE
Ch. 29LIFE INSURANCE AND ANNUITY CONTRACTS

This text of Maine § 24-A §2550 (Inclusion of lapse of time considerations) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Me. Rev. Stat. tit. 24-A, § 24-A §2550 (2026).

Text

Any paid-up annuity, cash surrender or death benefits available at any time, other than on the contract anniversary under any contract with fixed scheduled considerations, shall be calculated with allowance for the lapse of time and the payment of any scheduled considerations beyond the beginning of the contract year in which cessation of payment of considerations under the contract occurs.

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Legislative History

PL 1979, c. 442, §4 (NEW).

Nearby Sections

15
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Bluebook (online)
Maine § 24-A §2550, Counsel Stack Legal Research, https://law.counselstack.com/statute/me/24-A%20%C2%A72550.