Any contract that does not provide cash surrender benefits or does not provide death benefits at least equal to the minimum nonforfeiture amount prior to the commencement of any annuity payments shall include a statement in a prominent place in the contract that the benefits are not provided.
Tenn. Code Ann. § 56-36-109
Disclosure of limited benefits
Known as the Standard Nonforfeiture Law
The act spans §§ 56-36-101 to 56-36-113 (13 sections).
Acts 1978, ch. 590, § 9; T.C.A., § 56-4609.
Current official text: Tennessee Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Tennessee statutes; confirm against the official source for the current text. Not legal advice.