58-33A-14. Recommendations to purchase or exchange annuities subject to requirements. Sections 58-33A-13 to 58-33A-27, inclusive, apply to any recommendation to purchase or exchange an annuity made to a consumer by an insurance producer, or an insurer if no producer is involved, that results in the purchase or exchange recommended. Nothing in §§ 58-33A-13 to 58-33A-27, inclusive, creates or implies a private cause of action for a violation of §§ 58-33A-13 to 58-33A-27, inclusive.
Source: SL 2008, ch 273, § 2.
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