Statutes > Arkansas Statutes > Title 23 - Public Utilities and Regulated Industries > Subtitle 3 - Insurance > Chapter 81 - Life Insurance Policies And Annuities > Subchapter 1 - General Provisions > § 23-81-126 - Annuity and pure endowment contracts -- Dividend provision.

§ 23-81-126 - Annuity and pure endowment contracts -- Dividend provision.

23-81-126. Annuity and pure endowment contracts -- Dividend provision.

If an annuity or pure endowment contract, other than a reversionary, survivorship, or group annuity, is participating, there shall be a provision that the insurer shall annually ascertain and apportion any divisible surplus accruing on the contract.