Scope and limitation of article

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20-1243.01. Scope and limitation of article

A. This article applies to any sale or recommendation of an annuity.

B. This article does not:

1. Affect in any manner any provision of title 44, chapters 12 and 13.

2. Create or imply a private cause of action for a violation of this article or subject a producer to civil liability under the best interest standard of care prescribed in section 20-1243.03 or under standards that govern the conduct of a fiduciary or fiduciary relationship.


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