North Dakota § 26.1-34.1-04 Contents of annuity contract or policy form

North Dakota Statutes

§ 26.1-34.1-04 — Contents of annuity contract or policy form

North Dakota § 26.1-34.1-04

Title 26.1Insurance

Ch. 26.1-34.1Charitable Gift Annuities

This text of North Dakota § 26.1-34.1-04 (Contents of annuity contract or policy form) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 26.1-34.1-04 (2026).

Text

Each charitable annuity contract or policy form used or issued by the corporation must include at least the following information:

1.The value of the property to be transferred;

2.The amount of the periodic annuity benefits to be paid;

3.The manner in which and the intervals at which payment is to be made;

4.The age of the person during whose life payment is to be made; and

5.The reasonable value as of the date of the agreement of the benefits thereby created.

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Each charitable annuity contract or policy form used or issued by the corporation must
include at least the following information:
1. The value of the property to be transferred;
2. The amount of the periodic annuity benefits to be paid;
3. The manner in which and the intervals at which payment is to be made;
4. The age of the person during whose life payment is to be made; and
5. The reasonable value as of the date of the agreement of the benefits thereby created.