Montana Statutes
§ 33-20-301 — Standard Provisions -- Annuity And Pure Endowment Contracts
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 20 LIFE INSURANCE·Part 3 Annuity Contract Provisions
33-20-301 . Standard provisions -- annuity and pure endowment contracts.
(1)No annuity or pure endowment contract, other than reversionary annuities, survivorship annuities, or group annuities and except as stated herein, shall be delivered or issued for delivery in this state unless it contains in substance each of the provisions specified in 33-20-302 through 33-20-307 . Any of such provisions not applicable to single premium annuities or single premium pure endowment contracts shall not, to that extent, be incorporated therein.
(2)This section shall not apply to contracts for deferred annuities included in or upon the lives of beneficiaries under life insurance policies.
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Montana § 33-20-301 (Standard Provisions -- Annuity And Pure Endowment Contracts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 312, Ch. 286, L. 1959; R.C.M. 1947, 40-3818.
Nearby Sections
15
§ 33-20-1002
Employee Life Insurance Defined§ 33-20-1003
Repealed§ 33-20-101
Scope§ 33-20-102
Industrial Life Insurance Defined§ 33-20-103
Standard Provisions Required -- Exceptions§ 33-20-104
Grace Period§ 33-20-105
Incontestability§ 33-20-106
Entire Contract§ 33-20-107
Misstatement Of Age§ 33-20-108
Dividends§ 33-20-109
Renumbered 33-20-131§ 33-20-110
Table Of Values§ 33-20-1101
Employee Groups§ 33-20-1102
Labor Union Groups