Clarifies that the Department of Insurance has the sole state authority to regulate variable annuity contracts and requires the department to adopt rules to enforce investor suitability standards.
| Sponsor: |
Hanaway, Catherine (087) |
| Co-Sponsor: |
Wilson, Larry (119) ... et al. |
| Proposed Effective Date: |
8/28/2004 |
| LR Number: |
4517S.05C |
| Last Action: |
05/11/2004 - Placed on Informal Calendar |
| Bill String: |
SCS HB 1665 |
| Next House Hearing: |
Hearing not scheduled |
| Calendar: |
Bill currently not on a House calendar |