33-20-308. Annuity information.
78 words·~1 min read·
/mt/title-33/chapter-20/part-3/33-20-308·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
33-20-308 . Annuity information. The commissioner shall promulgate rules prescribing information that must be delivered to prospective annuitants at the time of sale. The rules must address the following:
(1)the manner of delivery of the information;
(2)when the information must be delivered;
(3)by whom the information is to be delivered; and
(4)the contents of the information, including:
(a)the type of annuity being sold; and
(b)the settlement options available under the annuity contract.