Contingent Deferred Annuities

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Plain-English Summary

Amend The South Carolina Code Of Laws By Amending Section 38-1-20, Relating To Insurance Law Definitions, So As To Define The Term "contingent Deferred Annuity"; By Amending Section 38-69-220, Relating To Exceptions From Operation Of The Standard Nonforfeiture Law For Individual Deferred Annuities, So As To Add An Exception For Certain Provisions Of The Standard Nonforfeiture Law For Individual Deferred Annuities, And To Provide The Department Of Insurance May Promulgate Regulations For Nonforfe…

Source: OpenStates · fetched February 24, 2026

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