Section 58-26-59 - Mortality tables used for individual annuity and pure endowment contracts.
58-26-59. Mortality tables used for individual annuity and pure endowment contracts. The tables that shall be used for individual annuity and pure endowment contracts, excluding any disability and accidental death benefits in the policies are: the 1937 Standard Annuity Mortality Table, or at the option of the company, the Annuity Mortality Table for 1949, Ultimate, or any modification of either of these tables approved by the director.
Source: SL 1995, ch 284, § 15.