Insurance Code § 10509.919

ARTICLE 9. Suitability Requirements for Annuity Transactions before January 1, 2025

Current as of September 28, 2026Ins. Code, § 10509.919Official source ↗

Added by Stats. 2024, Ch. 2, Sec. 5. (SB 263) Effective January 1, 2025.

This article shall apply to both of the following:

(a) A recommendation of an annuity made before January 1, 2025, that results in the purchase, exchange, or replacement that was recommended.

(b) A sale of an annuity made before January 1, 2025, that is not based on a recommendation.