Montana § 33-20-308 Annuity Information

Montana Statutes

§ 33-20-308 — Annuity Information

Montana § 33-20-308

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 20LIFE INSURANCE

Part 3Annuity Contract Provisions

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Bluebook

Mont. Code Ann. § 33-20-308 (2026).

Text

33-20-308 . Annuity information. The commissioner shall promulgate rules prescribing information that must be delivered to prospective annuitants at the time of sale. The rules must address the following:

(1)the manner of delivery of the information;

(2)when the information must be delivered;

(3)by whom the information is to be delivered; and

(4)the contents of the information, including:

(a)the type of annuity being sold; and

(b)the settlement options available under the annuity contract.

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33-20-308 . Annuity information. The commissioner shall promulgate rules prescribing information that must be delivered to prospective annuitants at the time of sale. The rules must address the following:
(1) the manner of delivery of the information;
(2) when the information must be delivered;
(3) by whom the information is to be delivered; and
(4) the contents of the information, including:
(a) the type of annuity being sold; and
(b) the settlement options available under the annuity contract.