TITLE 27
Insurance

CHAPTER 27-4.4
The Standard Nonforfeiture Law for Individual Deferred Annuities

SECTION 27-4.4-2


§ 27-4.4-2 Applicability.

This chapter shall not apply to any reinsurance, group annuity purchased under a retirement plan or plan of deferred compensation established or maintained by an employer including a partnership or sole proprietorship or by an employee organization, or by both, other than a plan providing individual retirement accounts or individual retirement annuities under 26 U.S.C. § 408, premium deposit fund, variable annuity, investment annuity, immediate annuity, any deferred annuity contract after annuity payments have commenced, or reversionary annuity, nor to any contract which shall be delivered outside this state through an insurance provider or other representative of the company issuing the contract.

History of Section.
(P.L. 1993, ch. 180, § 1.)