Reversionary annuities; standard provisions required

HRS §431:10D-106 — under Chapter 431.

HRS §431:10D-106

§431:10D-106 Reversionary annuities; standard provisions required. (a) No contract for a reversionary annuity shall be delivered or issued for delivery in this State unless it contains in substance the following:

(b) Any of the provisions not applicable to single premium annuities shall not, to that extent, be incorporated therein.

(c) This section shall not apply to annuities included in life insurance policies. [L 1987, c 347, pt of §2]