TITLE XXXVII
INSURANCE

CHAPTER 408
LIFE INSURANCE

Separate Accounts

Section 408:22

    408:22 Authorization. – A domestic life insurance company may establish one or more separate accounts, and may allocate thereto amounts, including, without limitation, proceeds applied under optional modes of settlement or under dividend options, to provide for life insurance or annuities and benefits incidental thereto, payable in fixed or variable amounts or both.

Source. 2022, 144:1, eff. Jan. 1, 2023.