Insurance Regulation 12
230-RICR-20-25-1 INACTIVE RULE
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| Title | 230 | Department of Business Regulation (includes the Office of the Health Insurance Commissioner) |
| Chapter | 20 | Insurance |
| Subchapter | 25 | Life and Annuities |
| Part | 1 | Insurance Regulation 12 |
| Type of Filing | Adoption |
| Regulation Status | Inactive |
| Effective | 02/01/2006 to 09/18/2006 |
Regulation Authority:
R.I.G.L. §27-29-1 et seq. and 42-14-17
Purpose and Reason:
A. The purpose of this regulation is to set forth standards and procedures for recommendations to senior consumers that result in a transaction involving annuity products so that the insurance needs and financial objectives of senior consumers at the time of the transaction are appropriately addressed. B. Nothing herein shall be construed to create or imply a private cause of action for a violation of this regulation.
ACTIVE RULE
Periodic Refile
- effective from 01/04/2022
INACTIVE RULE
Amendment
- effective from 04/02/2021
to 01/04/2022
INACTIVE RULE
Amendment
- effective from 04/01/2021
to 04/02/2021
INACTIVE RULE
Amendment
- effective from 01/28/2018
to 01/28/2018
INACTIVE RULE
Amendment
- effective from 01/20/2011
to 01/28/2018
INACTIVE RULE
Amendment
- effective from 09/18/2006
to 01/20/2011
INACTIVE RULE
Adoption
- effective from 02/01/2006
to 09/18/2006