Section 743.275 - Standard Nonforfeiture Law for Individual Deferred Annuities; application(1) ORS 743.275 to 743.295 may be cited as the Standard Nonforfeiture Law for Individual Deferred Annuities.(2) The Standard Nonforfeiture Law for Individual Deferred Annuities does not apply to: (b) A group annuity policy purchased under a retirement or deferred compensation plan established or maintained by an employer, including a partnership or sole proprietorship, or by an employee organization, or by both. This exclusion does not apply, however, to a plan providing individual retirement accounts or individual retirement annuities under section 408 of the federal Internal Revenue Code.(c) A premium deposit fund.(d) A variable annuity policy.(e) An investment annuity policy.(f) An immediate annuity policy.(g) A deferred annuity policy after annuity payments have commenced.(h) A reversionary annuity.(i) A policy delivered outside this state through an agent or other representative of the insurer issuing the policy.1977 c.320 §2; 2003 c. 370, § 1