§ 27-32-8.1. Individual variable life insurance.
Any individual variable life insurance contract delivered or issued for delivery in this state shall contain nonforfeiture provisions appropriate to this type of contract as approved by the director of business regulation.
History of Section.P.L. 1977, ch. 75, § 1; P.L. 2002, ch. 292, § 60.
Structure Rhode Island General Laws
Chapter 27-32 - Pension, Profit Sharing or Annuity Plans
Section 27-32-1. - Separate accounts authorized.
Section 27-32-2. - Investments of accounts.
Section 27-32-3. - Gains or losses allocated to each account.
Section 27-32-4. - Valuation of accounts.
Section 27-32-5. - Benefits on variable basis.
Section 27-32-6. - Prerequisites to delivery of contract — Qualification of company.
Section 27-32-7. - Regulation of issuance and sale of agreements — Rules and regulations.
Section 27-32-8. - Application of insurance laws to separate accounts.