Nev. Rev. Stat. § 688A.366

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 688A.366 - Calculation of benefits available at time other than contract anniversary

Any paid-up annuity, cash surrender or death benefits available at any time, other than on the contract anniversary under any 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 contract occurs.

NRS 688A.366

Added to NRS by 1977, 690
Added to NRS by 1977, 690