Oregon § 743.275 Standard Nonforfeiture Law for Individual Deferred Annuities; application

Oregon Statutes

§ 743.275 — Standard Nonforfeiture Law for Individual Deferred Annuities; application

Oregon § 743.275

Vol.18

Title 56Insurance

Ch. 743Health and Life Insurance and Annuities

This text of Oregon § 743.275 (Standard Nonforfeiture Law for Individual Deferred Annuities; application) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 743.275 (2026).

Text

(1)ORS 743.275 to 743.295 may be cited as the Standard Nonforfeiture Law for Individual Deferred Annuities.

(2)The Standard Nonforfeiture Law for Individual Deferred Annuities does not apply to:

(a)Reinsurance.

(b)A group annuity policy purchased under a retirement or deferred compensation plan established or maintained by an employer, including a partnership or sole proprietorship, or by an employee organization, or by both. This exclusion does not apply, however, to a plan providing individual retirement accounts or individual retirement annuities under section 408 of the federal Internal Revenue Code.

(c)A premium deposit fund.

(d)A variable annuity policy.

(e)An investment annuity policy.

(f)An immediate annuity policy.

(g)A deferred annuity policy after annuity payments have

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(1) ORS 743.275 to 743.295 may be cited as the Standard Nonforfeiture Law for Individual Deferred Annuities.
(2) The Standard Nonforfeiture Law for Individual Deferred Annuities does not apply to:
(a) Reinsurance.
(b) A group annuity policy purchased under a retirement or deferred compensation plan established or maintained by an employer, including a partnership or sole proprietorship, or by an employee organization, or by both. This exclusion does not apply, however, to a plan providing individual retirement accounts or individual retirement annuities under section 408 of the federal Internal Revenue Code.
(c) A premium deposit fund.
(d) A variable annuity policy.
(e) An investment annuity policy.
(f) An immediate annuity policy.
(g) A deferred annuity policy after annuity payments have commenced.
(h) A reversionary annuity.
(i) A policy delivered outside this state through an agent or other representative of the insurer issuing the policy.