Section 4513. Annuity certificates; compliance with rules and regulations  


Latest version.
  • No certificate  or  other  evidence  of  any  annuity  contract  and  no
      application  or  rider  or  endorsement for use in connection therewith,
      shall be delivered or issued  for  delivery  in  this  state  unless  it
      conforms  with  reasonable  rules  and  regulations  prescribed  by  the
      superintendent. Pursuant to the foregoing the superintendent shall  have
      power,  from  time to time to make, alter and supersede reasonable rules
      and  regulations  prescribing  the  required,  optional  and  prohibited
      provisions  in  such  contracts,  and  such  rules and regulations shall
      conform, as far as practicable with  the  provisions  of  section  three
      thousand two hundred nineteen of this chapter.