Bill Title: Adds to existing law relating to annuity contracts to define terms, to provide disclosure requirements for annuity sales to consumers, to provide exceptions, to provide reporting requirements, to provide the Director of the Department of Insurance with rulemaking authority and to specify that a private right of action is not created or implied.

Spectrum: Unknown

Status: (Passed) 2010-04-08 - Governor signed Session Law Chapter 238 Effective: 07/01/10 [S1327 Detail]

Text: Latest bill text (Introduced) [PDF]

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