RSA 409-A:4 Minimum Nonforfeiture Amounts.
Title: XXXVII - INSURANCE
Chapter: 409-A - STANDARD NONFORFEITURE LAW FOR INDIVIDUAL DEFERRED ANNUITIES
The minimum values as specified in RSA 409-A:5, 409-A:6, 409-A:7, 409-A:8 and 409-A:9, I of any paid-up annuity, cash surrender, or death benefits available under an annuity contract shall be based upon minimum nonforfeiture amounts as defined in this section.
I. The minimum nonforfeiture amount at any time at or prior to the commencement of any annuity payments shall be equal to an accumulation up to such time at rates of interest as indicated in paragraph III of the net considerations, paid prior to such time, decreased by the sum of subparagraphs (a) through (d):
(a) Any prior withdrawals from or partial surrenders of the contract accumulated at rates of interest as indicated in paragraph III;
(b) An annual contract charge of $50, accumulated at rates of interes