Title 24-A, §2550: Inclusion of lapse of time considerations

§2550 PDF
§2550 MS-Word
Statute Search
Ch. 29 Contents
Title 24-A Contents
List of Titles
Maine Law & Disclaimer
Revisor's Office
Maine Legislature

§2550. Inclusion of lapse of time considerations

Any paid-up annuity, cash surrender or death benefits available at any time, other than on the contract anniversary under any contract with fixed scheduled considerations, shall 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. [PL 1979, c. 442, §4 (NEW).]

SECTION HISTORY

PL 1979, c. 442, §4 (NEW).

The Revisor's Office cannot provide legal advice or interpretation of Maine law to the public.
If you need legal advice, please consult a qualified attorney.

Office of the Revisor of Statutes · 7 State House Station · State House Room 108 · Augusta, Maine 04333-0007

Data for this page extracted on 1/07/2025 11:10:17.