§ 1101 Purpose
§ 1102 General applicability
§ 1103 Definitions
§ 1104 Nature of surrender

Terms Used In Louisiana Codes > Children's Code > Title XI > Chapter 1 - Preliminary Provisions; Definitions

  • 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.