Del. Code tit. 18 § 2923

Current through 2024 Legislative Session Act Chapter 531

Section 2923 - 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.

18 Del. C. § 2923

18 Del. C. 1953, § 2923; 56 Del. Laws, c. 380, § 1.;