6621334, 69B-162.011 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 6621334

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Division of Insurance Agent and Agency Services

Chapter:

ANNUITY CONTRACTS

Overview

RULE:

69B-162.011

Suitability and Disclosure in Annuity Investments - Forms Required

PURPOSE:

The proposed rule implements Section 627.4554, Florida Statutes by adopting an Annuity Suitability form and a Disclosure and Comparison of Annuity Contracts form for use in sales of annuities to senior consumers.

SUBJECT:

The implementation of Section 627.4554, Florida Statutes.

RULEMAKING AUTHORITY:

624.308(1), 627.4554(9) FS.

LAW:

627.4554 FS.

PRINT PUBLISH DATE:

1/16/2009 Vol. 35/02

RELATED STATUTES
AND LAWS:

624.308(1), 627.4554(9) FS., 627.4554 FS.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://www.flrules.org/gateway/ruleno.asp?id=69B-162.011&PDate=1/16/2009&Section=1

REFERENCE MATERIALS:

No reference(s).

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