SECTION 365:25-17-6. Misrepresentation, fraud and incomplete comparisons of annuities

Latest version.

Insurers and insurance producers shall not make or issue or cause to be made or issued any recommendation or statement misrepresenting or fraudulently or unfairly making incomplete comparisons regarding the terms or conditions of any annuity contract for the purpose of inducing or attempting to induce the owner of such contract to forfeit or surrender such contract or allow it to lapse for the purpose of replacing such contract in any way whatsoever.

[Source: Added at 22 Ok Reg 1429, eff 5-4-05 (emergency); Added at 23 Ok Reg 2738, eff 7-14-06]

                    
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