Any domestic insurance company empowered to make contracts contingent upon life may grant and issue annuities either in connection with or separate from contracts of insurance predicated upon life risks.
(1949 Rev., S. 6144.)
History: Sec. 38-154 transferred to Sec. 38a-432 in 1991.
Annotation to former section 38-154:
Amount of benefit implies amount in dollars. 144 C. 346.