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Article (61): Savings Bonds

The Companies that engage in the insurance of Persons and fund accumulation may not issue savings bonds for a period exceeding thirty (30) years. If the duration of a bond is (25) twenty-five years or more, the value of its redemption after the twenty fifth year (25) may not be less than the amount of the full mathematical reserve. The Premiums to which savings bondholders are committed must be of equal or declining value.