Home Table of Contents

054.00.98-1. Purpose

AR ADC 054.00.98-1Arkansas Administrative Code

West's Arkansas Administrative Code
Title 054. Insurance Department
Division 00.
Rule 98. Annuity Disclosure
Ark. Admin. Code 054.00.98-1
054.00.98-1. Purpose
Currentness
The purpose of this rule is to provide standards for the disclosure of certain minimum information about annuity contracts to protect consumers and foster consumer education. The rule specifies the minimum information which must be disclosed and the method for disclosing it in connection with the sale of annuity contracts. The goal of this rule is to ensure that purchasers of annuity contracts understand certain basic features of annuity contracts.

Credits

Adopted July 15, 2009.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 054.00.98-1, AR ADC 054.00.98-1
End of Document