Section 58-28-28 - Grace, reinstatement, and nonforfeiture provisions required.
58-28-28. Grace, reinstatement, and nonforfeiture provisions required. Any individual variable life insurance or annuity contracts delivered or issued for delivery in this state shall contain grace, reinstatement, and nonforfeiture provisions appropriate to such a contract.
Source: SL 1971, ch 266, § 5; SL 1977, ch 412, § 21.