688A.230 - Annuities: Dividends.
688A.230 Annuities: Dividends. 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.
(Added to NRS by 1971, 1732)