California Insurance Code

§ 10509.942

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

INS § 10509.942 Effective Jan 1, 2020Div. 2 · Part 2 · Ch. 5 · Art. 12

For purposes of this article:

(a)“Annuity contract” does not include an annuity used to fund an employment-based retirement plan or program if either of the following applies:

(1)The insurer does not perform the recordkeeping services.

…

Legislative history

Added by Stats. 2019, Ch. 286, Sec. 1. (SB 740) Effective January 1, 2020.