N.D. Cent. Code § 26.1-34.1-04

26.1-34.1-04. Contents of annuity contract or policy form

Year: 2026Length: 94 wordsOfficial source
26.1-34.1-04. Contents of annuity contract or policy form Each charitable annuity contract or policy form used or issued by the corporation must include at least the following information: 1. The value of the property to be transferred; 2. The amount of the periodic annuity benefits to be paid; 3. The manner in which and the intervals at which payment is to be made; 4. The age of the person during whose life payment is to be made; and 5. The reasonable value as of the date of the agreement of the benefits thereby created.
N.D. Cent. Code § 26.1-34.1-04: 26.1-34.1-04. Contents of annuity contract or policy form | Justis AI