Reasonable basis to believe annuity is suitable based on suitability information.

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58-33A-17.1. Reasonable basis to believe annuity is suitable based on suitability information.

Except as permitted under §§58-33A-18 and 58-33A-19, no insurer may issue an annuity recommended to a consumer unless there is a reasonable basis to believe the annuity is suitable based on the consumer's suitability information.

Source: SL 2012, ch 250, §3.


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