Washington § 48.23.200 - Nonforfeiture benefits — Annuities, pure endowments.

Full text of Washington Revised Code of Washington § 48.23.200 — Nonforfeiture benefits — Annuities, pure endowments., with citation guidance and answers to common questions.

§ 48.23.200. Nonforfeiture benefits — Annuities, pure endowments.

Such contracts issued after the operative date of RCW 48.23.360 and individual deferred annuities issued before the operative date of RCW 48.23.420 through * 48.23.520 shall contain:
(1) A provision that in the event of default in any stipulated payment, the insurer will grant a paid-up nonforfeiture benefit on a plan stipulated in the contract, effective as of such date, of such value as is hereinafter specified.
(2) A statement of the mortality table and interest rate used in calculating the paid-up nonforfeiture benefit available under the contract.
(3) An explanation of the manner in which the paid-up nonforfeiture benefits are altered by the existence of any paid-up additions credited to the contract or any indebtedness to the insurer on the contract.
[ 1982 1st ex.s. c 9 s 34; 1979 c 157 s 3; 1947 c 79 s .23.20; Rem. Supp. 1947 s 45.23.20.]

Notes

*Reviser's note: RCW 48.23.520 was decodified pursuant to 2017 3rd sp.s. c 25 s 13.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 48.23.200

What does Revised Code of Washington § 48.23.200 cover?

Section 48.23.200 ("Nonforfeiture benefits — Annuities, pure endowments.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 48.23.200?

A common citation format is "Revised Code of Washington § 48.23.200" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

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Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

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