§ 27-4.4-2. Applicability.
This chapter shall not apply to any reinsurance, group annuity purchased under a retirement plan or plan of deferred compensation established or maintained by an employer including a partnership or sole proprietorship or by an employee organization, or by both, other than a plan providing individual retirement accounts or individual retirement annuities under 26 U.S.C. § 408, premium deposit fund, variable annuity, investment annuity, immediate annuity, any deferred annuity contract after annuity payments have commenced, or reversionary annuity, nor to any contract which shall be delivered outside this state through an insurance provider or other representative of the company issuing the contract.
History of Section.P.L. 1993, ch. 180, § 1.
Structure Rhode Island General Laws
Chapter 27-4.4 - The Standard Nonforfeiture Law for Individual Deferred Annuities
Section 27-4.4-1. - Short title.
Section 27-4.4-2. - Applicability.
Section 27-4.4-3. - Nonforfeiture requirements.
Section 27-4.4-4. - Minimum values.
Section 27-4.4-5. - Computation of present value.
Section 27-4.4-6. - Calculation of cash surrender value.
Section 27-4.4-7. - Calculation of paid-up annuity benefits.
Section 27-4.4-8. - Maturity date.
Section 27-4.4-9. - Disclosure of limited death benefits.
Section 27-4.4-10. - Inclusion of lapse of time considerations.
Section 27-4.4-11. - Proration of values — Additional benefits.