41-1922 — DIVIDENDS -- ANNUITIES


                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 19
                           LIFE INSURANCE POLICIES
                            AND ANNUITY CONTRACTS
    41-1922.  DIVIDENDS -- ANNUITIES. If an annuity or pure endowment
contract, other than a reversionary, survivorship, or group annuity, is
participating, there shall be a provision that the insurer shall annually
ascertain and apportion any divisible surplus accruing on the contract.