(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.