Ga. Comp. R. & Regs. 120-2-71-.06

Current through Rules and Regulations filed through December 24, 2024

Rule 120-2-71-.06 - Underwriting of Annuities Prohibited

A financial institution may not itself directly or indirectly assume the obligation to provide the benefits of an annuity contract or otherwise undertake to perform the obligations of an annuity.

Ga. Comp. R. & Regs. R. 120-2-71-.06

O.C.G.A. Secs. 33-2-9, 33-3-2, 33-3-23.

Original Rule entitled "Underwriting of Annuities Prohibited" adopted. F. Jul. 19, 1996; eff. Aug. 8, 1996.