ARTICLE 5. Pension Funds, Separate Accounts [10506. - 10506.5.]

Article 5 added by Stats. 1963, Ch. 743.

§§ 10506–10506.5 · 6 sections

• § 10506 (a) Any domestic life insurance company may, after adoption of a resolution by its board of directors, allocate to one or more separate accounts, in accordance…
• § 10506.1 The commissioner shall require the payment of two thousand eight hundred twenty-three dollars ($2,823), as a fee for the determination of qualification…
• § 10506.2 (a) The commissioner shall require the payment in advance of two thousand eight hundred twenty-three dollars ($2,823), as a fee for the examination and…
• § 10506.3 (a) The commissioner shall adopt appropriate administrative regulations governing modified guaranteed annuities. Modified guaranteed annuities shall be subject…
• § 10506.4 (a) An admitted life insurer that is financially qualified pursuant to subdivision (b) and complies with the provisions of this section and those of Section…
• § 10506.5 (a) For the purposes of this section, “guaranteed living benefit” means a benefit in a variable annuity or a variable life insurance contract providing that…