Kan. Stat. § 40-4,110

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 40-4,110 - Same; inclusion of lapse of time considerations

Any paid-up annuity, cash surrender or death benefits available at any time, other than on the contract anniversary under any annuity contract with fixed scheduled considerations, shall be calculated with allowance for the lapse of time and the payment of any scheduled considerations beyond the beginning of the contract year in which cessation of payment of considerations under the annuity contract occurs.

K.S.A. 40-4,110

L. 2004, ch. 18, § 10; July 1.