Rule 120-2-94-.04. Exemptions

Unless otherwise specifically included, this regulation shall not apply to transactions involving: (1) Direct response solicitations where there is no recommendation based on information collected from the consumer pursuant to this regulation; (2) Contracts used to fund: (a) An employee pension or welfare benefit plan that is covered by the Employee Retirement and Income Security Act (ERISA); (b) A plan described by sections 401(a), 401(k), 403(b), 408(k) or 408(p) of the Internal Revenue Code (IRC), as amended, if established or maintained by an employer; (c) A government or church plan defined in section 414 of the IRC, a government or church welfare benefit plan, or a deferred compensation plan of a state or local government or tax exempt organization under section 457 of the IRC; (d) A nonqualified deferred compensation arrangement established or maintained by an employer or plan sponsor; (3) Settlements of or assumptions of liabilities associated with personal injury litigation or any dispute or claim resolution process; or (4) Formal prepaid funeral contracts. Cite as Ga. Comp. R. & Regs. R. 120-2-94-.04
Authority: O.C.G.A. § 33-2-9.
History. Original Rule entitled "Exemptions" adopted. F. Oct. 10, 2006; eff. Oct. 30, 2006.
Repealed: New Rule of same title adopted. F. Aug. 7, 2015; eff. Aug. 27, 2015.
Amended: F. Feb. 1, 2023; eff. Feb. 1, 2023, as specified by the Agency.