SECTION 365:25-19-1. Purpose

Latest version.

The purpose of this regulation is to provide standards for the disclosure of certain minimum information about annuity contracts to protect consumers and foster consumer education. The regulation specifies the minimum information which must be disclosed and the method for disclosing it in connection with the sale of annuity contracts. The goal of this regulation is to ensure that purchasers of annuity contracts understand certain basic features of annuity contracts.

[Source: Added at 23 Ok Reg 2738, eff 7-14-06]

                    
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