Treatment of Annuity Contracts Under Code Section 33-38-2

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Annuity contracts issued under the optional retirement plan provided for in this chapter shall be treated under Code Section 33-38-2 in the same manner as contracts qualified under Section 403(b) of the United States Internal Revenue Code.

(Code 1981, §47-21-7, enacted by Ga. L. 1990, p. 1811, § 2.)


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