23 CAR § 129-105. 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 the following information: (1) The beginning and end date 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; and (4) The amount of outstanding loans, if any, as of the end of the current report period.