Rhode Island § 27-4.4-8 § 27-4.4-8. Maturity date.

Rhode Island Statutes

§ 27-4.4-8 — § 27-4.4-8. Maturity date.

Rhode Island § 27-4.4-8

Title 27Insurance

Ch. 27-4.4The Standard Nonforfeiture Law for Individual Deferred Annuities

This text of Rhode Island § 27-4.4-8 (§ 27-4.4-8. Maturity date.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 27-4.4-8 (2026).

Text

§ 27-4.4-8. Maturity date.
For the purpose of determining the benefits calculated under §§ 27-4.4-6 and 27-4.4-7, in the case of annuity contracts under which an election may be made to have annuity
            payments commence at optional maturity dates, the maturity date shall be deemed to
            be the latest date for which election shall be permitted by the contract, but shall
            not be deemed to be later than the anniversary of the contract next following the
            annuitant's seventieth (70th) birthday or the tenth (10th) anniversary of the contract,
            whichever is later.
         

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§ 27-4.4-8. Maturity date.

For the purpose of determining the benefits calculated under §§ 27-4.4-6 and 27-4.4-7, in the case of annuity contracts under which an election may be made to have annuity payments commence at optional maturity dates, the maturity date shall be deemed to be the latest date for which election shall be permitted by the contract, but shall not be deemed to be later than the anniversary of the contract next following the annuitant's seventieth (70th) birthday or the tenth (10th) anniversary of the contract, whichever is later.