Ins. Code, § 10509.9201 · Article 9.5. Suitability Requirements for Annuity Transactions on or after January 1, 2025
Ins. Code, § 10509.9201
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) This article shall apply to any sale of, or recommendation made to a consumer to purchase, exchange, or replace, as defined in paragraph (14) of subdivision (a) of Section 10509.9203, an annuity.
(b) This article does not preclude, preempt, or otherwise interfere with the application of any other laws of this state that may apply in any matter involving the sale of an annuity that is subject to this article.
Notes and commentary — not statutory text
History
Added by Stats. 2024, Ch. 2, Sec. 6. (SB 263) Effective January 1, 2025.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=10509.9201.
- Text hash
- sha256 e6b22372611fbd273023dfb754fd76e27fe9377b0ed5f0e6f52916d6899b65a8
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- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
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Insurance Code
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