33-20-308. Annuity information. The commissioner shall promulgate rules prescribing information that must be delivered to prospective annuitants at the time of sale. The rules must address the following:
     (1) the manner of delivery of the information;
     (2) when the information must be delivered;
     (3) by whom the information is to be delivered; and
     (4) the contents of the information, including:
     (a) the type of annuity being sold; and
     (b) the settlement options available under the annuity contract.

     History: En. Sec. 1, Ch. 260, L. 1997.