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§ 27-1-12-6-4 — Indiana Law | CourtGPT
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  6. Chapter 12.6 - General Provisions of Annuity Contracts27-1-12.6-1. Application of Law/
  7. § 27-1-12-6-4
Indiana Legal Code

§ 27-1-12-6-4

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An annuity contract shall not contain a provision wherein life insurance premium or annuity consideration payments may be automatically made by the company by withdrawing from or placing a loan against annuity nonforfeiture values provided under the contract.As added by Acts 1977, P.L.286, SEC.2.