58-60-145. Report to contract owners.
For annuities in the payout period with changes in nonguaranteed elements and for the accumulation period of a deferred annuity, the insurer shall provide each contract owner with a report, at least annually, on the status of the contract that contains at least all of the following information:
(1) The beginning and end dates of the current report period.
(2) The accumulation and cash-surrender value, if any, at the end of the previous report period and at the end of the current report period.
(3) The total amounts, if any, that have been credited, charged to the contract value, or paid during the current report period.
(4) The amount of outstanding loans, if any, as of the end of the current report period. (2005-234, s. 1.11.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 60 - Standards of Disclosure for Annuities and Life Insurance.
§ 58-60-1 - Short title; purpose.
§ 58-60-5 - Scope; exemptions.
§ 58-60-15 - Disclosure requirements.
§ 58-60-20 - General rules relating to solicitation.
§ 58-60-25 - Adoption of Buyer's Guide; requirements.
§ 58-60-30 - Failure to comply.
§ 58-60-35 - Disclosure of prearrangement insurance policy provisions.
§ 58-60-90 - Title and reference.
§ 58-60-95 - Purpose; intent; and scope.
§ 58-60-100 - Disclosure requirements.
§ 58-60-120 - Title and reference.
§ 58-60-125 - Purpose; intent; scope.
§ 58-60-135 - Standards for the disclosure document and buyer's guide.