Statute · California Insurance Code

Cal. Ins. Code § 10168.10 — Standard Nonforfeiture Law for Individual Deferred Annuities

Cal. Ins. Code § 10168.10

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

After the effective date of this article, any company may file with the commissioner a written notice of its election to comply with the provisions of this article after a specified date before the second anniversary of the effective date of this article. After the filing of such notice, then…

Citator

Cal. Ins. Code § 10168.10 — Standard Nonforfeiture Law for Individual Deferred Annuities is in force in the current edition of the Code, and nothing recorded condemns it.

After the effective date of this article, any company may file with the commissioner a written notice of its election to comply with the provisions of this article after a specified date before the second anniversary of the effective date of this article. After the filing of such notice, then upon such specified date, which shall be the operative date of this article for such company, this article shall become operative with respect to annuity contracts thereafter issued by such company. If a company makes no such election, the operative date of this article for such company shall be the second anniversary of the effective date of this article.