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§4528
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§4528 . New business limitations. Every authorized society shall limit the issuance of new life insurance certificates and new annuity contracts in accordance with requirements for new life insurance policies and new annuity contracts under §4227 of this chapter, except that:
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§4528(a)
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(a) No such limitations shall apply to new life insurance certificates or new annuity contracts issued by the society before January 1st, 1998 ; and
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§4528(b)
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(b) Limitations equal to 150% of the limitations established in §4227 of this chapter shall apply to new life insurance certificates and new annuity contracts issued by the society after January 1st, 1998 but before January 1st, 2000 ; and
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§4528(c)
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(c) The limitations established in §4227 of this chapter shall fully apply to all new life insurance certificates and all new annuity contracts issued by the society on or after January 1st, 2000. Source Data downloaded: 2009-04-09 15: 15: 34; Processed: 2009-05-08 15: 36: 13
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