§33-14-22. Group annuity contracts -- Standard provisions.
No group annuity contract shall be delivered or issued for
delivery in this state and no certificate shall be used in
connection therewith unless it contains in substance the
provisions set forth in sections twenty-three to twenty-seven,
inclusive, of this article, to the extent that such provisions
are applicable to such contract or to such certificate, as the
case may be, or provisions which in the opinion of the
commissioner are more favorable to annuitants, or not less
favorable to annuitants and more favorable to the holders.