Montana Code 33-20-901. Short title
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33-20-901. Short title. This part may be referred to as the “Montana Annuity Disclosure Act”.
Terms Used In Montana Code 33-20-901
- 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.