6.6.803 APPLICABILITY AND SCOPE
(1) This subchapter applies to all annuity contracts and certificates except:
(a) registered or nonregistered variable annuities or other registered contracts;
(b) immediate and deferred annuities that contain no nonguaranteed elements;
(c) annuities used to fund:
(i) an employee pension plan which is covered by the Employee Retirement Income Security Act (ERISA);
(ii) a plan described by section 401(a), 401(k), 403(b) of the Internal Revenue Code (IRC), where the plan, for purposes of ERISA, is established or maintained by an employer;
(iii) a governmental or church plan defined in section 414, IRC, or a deferred compensation plan of a state or local government or tax exempt organization under section 457, IRC; or
(iv) a nonqualified deferred compensation arrangement established or maintained by an employer or plan sponsor.
(d) Notwithstanding (c), this rule shall apply to annuities used to fund a plan or arrangement that is funded solely by contributions an employee elects to make whether on a pretax or after-tax basis, and where the insurance company has been notified that plan participants may choose from among two or more fixed annuity providers and there is a direct solicitation of an individual employee by a producer for the purchase of an annuity contract. As used in this rule, direct solicitation shall not include any meeting held by a producer solely for the purpose of educating or enrolling employees in the plan or arrangement;
(e) structured settlement annuities;
(f) charitable gift annuities; and
(g) funding agreements.