qualified 20-pay contract
(2) Qualified 20-pay contract For purposes of paragraph (1), the term “qualified 20-pay contract” means any contract which— (A) requires at least 20 nondecreasing annual premium payments, and (B) is issued pursuant to an existing plan of insurance.
Source
26 USC § 7702(i)(2)
Scoping language
None identified, default scope is assumed to be the parent (chapter 79) of this section.