N.D. Cent. Code § 26.1-34-08
26.1-34-08. Benefits on cessation of payment of considerations off the anniversary
26.1-34-08. Benefits on cessation of payment of considerations off the anniversary
Any paid-up annuity, cash surrender, or death benefits available at any time, other than on
the contract anniversary, under any annuity contract with fixed scheduled considerations, must
be calculated with allowance for the lapse of time and the payment of any scheduled
considerations beyond the beginning of the contract year in which cessation of payment of
considerations under the contract occurs.