Cal. Code Regs. tit. 10 § 2534.20

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 2534.20 - Purpose

The purpose of this article is to set forth rules and procedural requirements which are necessary to implement the provisions of California Insurance Code Section 10506 concerning the issuance and delivery of modified guaranteed annuity contracts in California, the payment of benefits thereunder, the manner in which the separate accounts required thereunder shall be established, maintained and administered and the administration of Article 16 (commencing with Section 1758.1), Chapter 5, Part 2, Division 1, of the Insurance Code relating to modified guaranteed annuity agents.

Cal. Code Regs. Tit. 10, § 2534.20

1. New section filed 2-6-92; operative 3-9-92 (Register 92, No. 13).
2. Editorial correction adding inadvertently omitted Article heading (Register 95, No. 13).

Note: Authority cited: Sections 10506(h) and 10506.3(a), Insurance Code. Reference: Sections 10506(h), 10506.3(a) and 1758.1 Insurance Code.

1. New section filed 2-6-92; operative 3-9-92 (Register 92, No. 13).
2. Editorial correction adding inadvertently omitted Article heading (Register 95, No. 13).