Okla. Stat. tit. 36, § 36-4030.6
This is the official text of Okla. Stat. tit. 36, § 36-4030.6, part of Oklahoma’s Stat. tit. 36, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 36,." Browse the sections below, each linked to its official government source.
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Minimum present value at commencement of benefits
Official statutory text
Any paid-up annuity benefit available under a contract shall be
such that its present value on the date annuity payments are to
commence is at least equal to the minimum nonforfeiture amount on
that date. Present value shall be computed using the mortality
table, if any, and the interest rate specified in the contract for
determining the minimum paid-up annuity benefits guaranteed in the
contract.
such that its present value on the date annuity payments are to
commence is at least equal to the minimum nonforfeiture amount on
that date. Present value shall be computed using the mortality
table, if any, and the interest rate specified in the contract for
determining the minimum paid-up annuity benefits guaranteed in the
contract.
Status: in_force · Read it on the official government site
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