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Earlier editions: 2020-112018-11

DIVISION 2. CLASSES OF INSURANCE 1880-12880.8›PART 2. LIFE AND DISABILITY INSURANCE 10110-11549›CHAPTER 5. General Regulation of Life Insurers 10430-10509.946›ARTICLE 9.5. Suitability Requirements for Annuity Transactions on or after January 1, 2025 10509.9200-10509.9210

§ 10509.9201

California Insurance Code · 2026 edition · updated 2026-10-04 · California

(a) This article shall apply to any sale of, or recommendation made to a consumer to purchase, exchange, or replace, as defined in paragraph (14) of subdivision (a) of Section 10509.9203, an annuity.

(b) This article does not preclude, preempt, or otherwise interfere with the application of any other laws of this state that may apply in any matter involving the sale of an annuity that is subject to this article.

(Added by Stats. 2024, Ch. 2, Sec. 6. (SB 263) Effective January 1, 2025.)

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California Insurance Code

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