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.
History: En. Sec. 1, Ch. 260, L. 1997.
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