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