Statute · California Insurance Code

Cal. Ins. Code § 10509.9201 — Suitability Requirements for Annuity Transactions on or after January 1, 2025

Cal. Ins. Code § 10509.9201

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
2025-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) This article shall apply to any sale of, or recommendation made to a consumer to purchase, exchange, or replace, as defined in paragraph (14) of subdivision (a) of Section 10509.9203, an annuity.

Citator

Cal. Ins. Code § 10509.9201 — Suitability Requirements for Annuity Transactions on or after 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 sale of, or recommendation made to a consumer to purchase, exchange, or replace, as defined in paragraph (14) of subdivision (a) of Section 10509.9203, an annuity.

(b) This article does not 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.