Section 23-81-309 - Disclosure of limited death benefits

Any contract which does not provide cash surrender benefits or does not provide death benefits at least equal to the minimum nonforfeiture amount prior to the commencement of any annuity payments shall include a statement in a prominent place in the contract that such benefits are not provided.Acts 1981, No. 492, § 1; A.S.A. 1947, § 66-3327.1.