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Rule Title: PURPOSE
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Department: STATE AUDITOR
Chapter: INSURANCE DEPARTMENT
Subchapter: Annuities
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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6.6.801    PURPOSE

(1) The purpose of this subchapter is to provide standards for the disclosure of certain minimum information about annuity contracts to protect consumers and foster consumer education. These rules specify the minimum information which must be disclosed and the method for disclosing it in connection with the sale of annuity contracts. The goals of these rules are to ensure that purchasers of annuity contracts understand certain basic features of annuity contracts.

History: Sec. 33-1-313 and 33-20-308, MCA; IMP, Sec. 33-20-308, MCA; NEW, 1998 MAR p. 2012, Eff. 12/31/98; AMD, 1999 MAR p. 508, Eff. 7/1/99.


 

 
MAR Notices Effective From Effective To History Notes
7/1/1999 Current History: Sec. 33-1-313 and 33-20-308, MCA; IMP, Sec. 33-20-308, MCA; NEW, 1998 MAR p. 2012, Eff. 12/31/98; AMD, 1999 MAR p. 508, Eff. 7/1/99.
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