Added by Stats. 2011, Ch. 295, Sec. 2. (AB 689) Effective January 1, 2012.
(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.
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Other sections in Article 9 - Suitability Requirements for Annuity Transactions before January 1, 2025