Indiana Code > Title 27 > Article 15 > Chapter 10 – Dividend Preservation
Current as of: 2023 | Check for updates
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Other versions
| § 27-15-10-1 | Purpose of provisions; prohibitions |
| § 27-15-10-2 | Limitations on provisions |
Terms Used In Indiana Code > Title 27 > Article 15 > Chapter 10 - Dividend Preservation
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5