The fact that a person made a disclosure to a consumer about the nature of an annuity in connection with the sale of the annuity to the consumer is not a defense by itself to a determination by the director under OAR 836-080-0170 to 836-080-0188 that the annuity sale violated the care requirements under ORS 743.262.

Statutory/Other Authority

ORS 731.244 & 743.262

Statutes/Other Implemented

ORS 746.100, 746.110, 746.240 & 743.262

History

ID 19-2024, amend filed 08/12/2024, effective 08/12/2024
ID 54-2023, temporary amend filed 12/20/2023, effective 01/01/2024 through 06/28/2024
Renumbered from 836-080-0095, ID 2-2011, f. & cert. ef. 2-4-11
ID 14-2008, f. & cert. ef. 8-15-08