Statute · California Insurance Code

Cal. Ins. Code § 10509.911 — Suitability Requirements for Annuity Transactions before January 1, 2025

Cal. Ins. Code § 10509.911

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
2012-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) This article shall apply to any recommendation to purchase, exchange, or replace an annuity made to a consumer that results in the purchase, exchange, or replacement that was recommended.

Citator

Cal. Ins. Code § 10509.911 — Suitability Requirements for Annuity Transactions before January 1, 2025 is in force in the current edition of the Code, and nothing recorded condemns it.

(a) This article shall apply to any recommendation to purchase, exchange, or replace an annuity made to a consumer that results in the purchase, exchange, or replacement that was recommended.

(b) Nothing in this act shall be interpreted to preclude, preempt, or otherwise interfere with the application of any other laws of this state that may apply in any matter involving the sale of an annuity that is subject to this article.