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Earlier editions: 2020-112018-11

DIVISION 2. CLASSES OF INSURANCE 1880-12880.8›PART 2. LIFE AND DISABILITY INSURANCE 10110-11549›CHAPTER 5. General Regulation of Life Insurers 10430-10509.946›ARTICLE 9. Suitability Requirements for Annuity Transactions before January 1, 2025 10509.910-10509.919

§ 10509.919

California Insurance Code · 2026 edition · updated 2026-10-04 · California

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.

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

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