Nevada § 688A.3631 Value of paid-up annuity benefits when benefit payments to commence

Nevada Statutes

§ 688A.3631 — Value of paid-up annuity benefits when benefit payments to commence

Nevada § 688A.3631

Title 57INSURANCE

Ch. 688ALife

NONFORFEITURE LAW: DEFERRED ANNUITIES

This text of Nevada § 688A.3631 (Value of paid-up annuity benefits when benefit payments to commence) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 688A.3631 (2026).

Text

Any paid-up annuity benefit available under a contract shall be such that its present value on the date when the annuity payments are to commence is at least equal to the minimum nonforfeiture amount on that date. Such present value shall be computed by using the mortality table, if any, and the interest rate specified in the contract for determining the minimum paid-up annuity benefits guaranteed in the contract.

Free access — add to your briefcase to read the full text and ask questions with AI

Any paid-up annuity benefit available under a contract shall be such that its present value on the date when the annuity payments are to commence is at least equal to the minimum nonforfeiture amount on that date. Such present value shall be computed by using the mortality table, if any, and the interest rate specified in the contract for determining the minimum paid-up annuity benefits guaranteed in the contract.