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Cal. Ins. Code § 10509.9201

Suitability Requirements for Annuity Transactions on or after January 1, 2025

Known as the Health Insurance Disclosure Act

The act spans §§ 10110–11549 (1,209 sections).

Added by Stats. 2024, Ch. 2, Sec. 6

(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.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.