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Code · Alaska · Title 21 · Chapter 45

Sec. 21.45.220. Dividends: annuities.

41 words·~1 min read·/ak/title-21/chapter-45/21-45-220

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Sec. 21.45.220. Dividends: annuities.
If an annuity or pure endowment contract, other than a reversionary, survivorship, or group annuity, is participating, there shall be a provision that the insurer shall annually ascertain and apportion any divisible surplus accruing on the contract.
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