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2014 SESSION

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SB 86 Annuity contracts; interest on proceeds.

Introduced by: John C. Watkins | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Annuity contracts; interest on proceeds. Clarifies that an insurance company is required to pay interest on a death benefit claim under a variable annuity contract commencing from the date of the insurer's receipt of a completed claim form. This bill is identical to HB 634.


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