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2006 Minnesota Statutes
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Subdivision 1. Contract on a variable basis.
When used in sections
"contract on a variable basis" means any contract on either a group or an individual basis issued
by a life insurance company providing for the dollar amount of benefits or other contractual
payments or values thereunder to vary so as to reflect investment results of a separate account in
which amounts have been placed in connection with any such contracts. Such contracts may also
provide benefits or values incidental thereto payable in fixed or variable dollar amounts, or both.
Subd. 2.[Repealed, 1969 c 752 s 18
History: 1967 c 395 art 2 s 13; 1969 c 752 s 1; 1973 c 480 s 1
Copyright © 2006 by the Revisor of Statutes, State of Minnesota. All rights reserved.