Cal. Ins. Code § 10509.910

Current through the 2023 Legislative Session.
Section 10509.910 - Purpose of article

The purpose of this article is to require insurers to establish a system to supervise recommendations and to set forth standards and procedures for recommendations to consumers that result in transactions involving annuity products, so that the insurance needs and financial objectives of consumers at the time of the transaction are appropriately addressed.

Ca. Ins. Code § 10509.910

Added by Stats 2011 ch 295 (AB 689),s 2, eff. 1/1/2012.