GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2017
H 1
HOUSE BILL 784
Short Title: Suitability in Annuity. |
(Public) |
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Sponsors: |
Representatives Collins and Corbin (Primary Sponsors). For a complete list of sponsors, refer to the North Carolina General Assembly web site. |
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Referred to: |
Insurance |
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April 13, 2017
A BILL TO BE ENTITLED
AN ACT to implement revised model regulations of the National Association of Insurance Commissioners governing recommendations made to consumers regarding the purchase or exchange of annuities.
The General Assembly of North Carolina enacts:
SECTION 2. Part 4 of Article 60 of Chapter 58 of the General Statutes is repealed.
SECTION 3. Section 2 of this act becomes effective on the date that rules adopted pursuant to Section 1 of this act become effective. The remainder of this act is effective when it becomes law. The Codifier of Rules shall notify the Revisor of Statutes of the effective date of rules adopted as required by this act.