Standard provisions of annuity and endowment contracts inapplicable to deferred annuities under life insurance policies.

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58-15-58. Standard provisions of annuity and endowment contracts inapplicable to deferred annuities under life insurance policies.

Section 58-15-57 shall not apply to contracts for deferred annuities included in, or upon the lives of beneficiaries under, life insurance policies.

Source: SL 1966, ch 111, ch 23, §18 (2).


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