No issuer of interest-issued [interest-indexed] annuity contracts shall advertise interest-indexed annuity contracts, regardless of the advertising medium, without prior approval of such advertisement from the director. For purposes of this section, “interest-indexed annuity” means a type of annuity whose credited interest is linked to an external reference at any time during the term of the contract and shall include contracts, application forms where written application is required and is to be made a part of the contract, printed riders, endorsements, and renewal certificates.
Idaho Code § 41-1942
Advertisement of interest-indexed annuities
Known as the Life Settlements Act
The act spans §§ 41–41 (61 sections).
I.C., § 41-1942, as added by 2020, ch. 290, § 2, p. 837.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.