There is a newer version
of
this Section
2020 Rhode Island General Laws
Title 27 - Insurance
Chapter 27-4.4 The Standard Nonforfeiture Law for Individual Deferred Annuities
Section 27-4.4-8 Maturity date.
Universal Citation: RI Gen L § 27-4.4-8 (2020)
§ 27-4.4-8. Maturity date.
For the purpose of determining the benefits calculated under §§ 27-4.4-6 and 27-4.4-7, in the case of annuity contracts under which an election may be made to have annuity payments commence at optional maturity dates, the maturity date shall be deemed to be the latest date for which election shall be permitted by the contract, but shall not be deemed to be later than the anniversary of the contract next following the annuitant's seventieth (70th) birthday or the tenth (10th) anniversary of the contract, whichever is later.
History of Section.
(P.L. 1993, ch. 180, § 1.)
Disclaimer: These codes may not be the most recent version. Rhode Island may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
