§ 27-904. Annuity contracts -- Increased Social Security payments

Latest version.

An annuity contract may not contain a provision that reduces payments to an individual entitled to receive annuity payments under the contract because the individual receives an increase in Social Security payments.

HISTORY: An. Code 1957, art. 48A, § 240H; 1997, ch. 35, § 2.

                    
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