BlackletterCalifornia law

Insurance Code § 10509.9208

ARTICLE 9.5. Suitability Requirements for Annuity Transactions on or after January 1, 2025

Current as of September 28, 2026Ins. Code, § 10509.9208Official source ↗

Added by Stats. 2024, Ch. 2, Sec. 6. (SB 263) Effective January 1, 2025.

The commissioner shall, from time to time as conditions warrant, after notice and hearing, adopt reasonable rules and regulations, and amendments and additions thereto, as are necessary to administer this article. The commissioner may adopt regulations not inconsistent with this article pursuant to Section 989J of the federal Dodd-Frank Wall Street Reform and Consumer Protection Act (Public Law 111-203).