South Carolina Statutes

§ 38-69-290 — Statements required in certain contracts.

South Carolina·Title 38 INSURANCE·Ch. 69 INDIVIDUAL ANNUITIES
Any contract which does not provide cash surrender benefits or does not provide death benefits at least equal to the minimum nonforfeiture amount prior to the commencement of any annuity payments shall include a statement in a prominent place in the contract that those benefits are not provided.

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South Carolina § 38-69-290 (Statements required in certain contracts.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: Former 1976 Code SECTION 38-8-90 [1978 Act No. 517 SECTION 9] recodified as SECTION 38-69-290 by 1987 Act No. 155, SECTION 1.

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