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NORTH CAROLINA STATUTES AND CODES

§ 58-58-147. Surrender fees on death benefits.

§ 58‑58‑147. Surrender fees on death benefits.

No authorized insurer shalldeliver or issue for delivery in this State any deferred annuity contract thatcontains a provision that reduces the death benefit of the contract by asurrender fee when death occurs during the surrender period. (2007‑298, s. 1.2.)

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