Ind. Code § 27-1-12.6-4
Automatic payments
Indiana · Indiana Code Title 27 — Insurance · Status: effective
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- Citation
- Ind. Code § 27-1-12.6-4, Automatic payments, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1661730
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Full text
Sec. 4. An annuity contract shall not contain a provision wherein life insurance premium or annuity consideration payments may be automatically made by the company by withdrawing from or placing a loan against annuity nonforfeiture values provided under the contract.