N.D. Cent. Code ch. 26.1-34 – Annuities | Midpage

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North Dakota Century Code

Chapter 26.1-34

N.D. Cent. Code ch. 26.1-34

Annuities

26.1-34-01Required annuity contract provisions relating to cessation of payment of considerations by contractholder 26.1-34-01.1Annuity policies and certificates - Right to return 26.1-34-02Minimum nonforfeiture amount defined 26.1-34-03Value of paid-up annuity benefit to be at least equal to minimum nonforfeiture amount 26.1-34-04Cash surrender benefit to be at least equal to value of paid-up annuity benefit 26.1-34-05Minimum value of paid-up annuity on cessation of payment of considerations - Cash surrender benefits not provided 26.1-34-06Definition of maturity date 26.1-34-07Disclosure if annuity contract does not provide cash surrender or death benefits 26.1-34-08Benefits on cessation of payment of considerations off the anniversary 26.1-34-09Minimum nonforfeiture benefits for annuity contract providing both annuity and life insurance benefits - Excepted benefits 26.1-34-10Exemptions from annuity nonforfeiture provisions 26.1-34-11Variable annuities authorized - Application of variable life policy sections - Rulemaking authority