27-1-12.7-7. Guaranteed or credited amounts under funding agreements

IN Code § 27-1-12.7-7 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 7. An amount may not be guaranteed or credited under a funding agreement except:

(1) upon reasonable assumptions as to investment income and expenses; and

(2) on a basis equitable to all holders of funding agreements of a given class.

As added by P.L.178-2003, SEC.18.