Modified Guaranteed Annuities

This regulation shall apply to:

1. (1) The qualifications of agents to be authorized to sell Modified Guaranteed Annuity contracts in this state;
2. (2) the qualification of insurers to be authorized to issue such contracts;
3. (3) the required contract form and provisions for issue of such coverage in this state; and
4. (4) the manner in which separate account assets, supporting such issued contracts, are to be maintained and reported.

(Effective September 25, 1992)