Publisher's Synopsis
Excerpt from Taxation of Life Insurance Companies: Scheduled for a Hearing Before the Subcommittee on Select Revenue Measures of the Committee on Ways and Means on October 19, 1989
Stock life insurance companies and mutual life insurance compa nies are the two principal forms of business organizations that are engaged in the sale of life insurance contracts, annuity contracts, and noncancellable accident and health insurance contracts in the United States. A stock life insurance company is a corporation under State law that is owned by shareholders who are distinct from the policyholders of the company. A mutual life insurance company, on the other hand, is an organization recognized under State law that is owned by the policyholders of the company. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
