Or. Admin. Code § 836-051-0900 - Purpose; Authority
(1) OAR
836-051-0900 to
836-051-0925 establish standards
for disclosure of minimum information relating to annuity contracts, to protect
consumers and foster consumer education. OAR836-051-0900
to 836-051-0925 prescribe the
minimum information that must be disclosed and the method for disclosing it in
connection with the sale of annuity contracts. The goal of
836-051-0900 to
836-051-0925 is to ensure that
purchasers of annuity contracts understand certain basic features of annuity
contracts.
(2) OAR
836-051-0900 to
836-051-0925 are adopted
pursuant to ORS 731.244 for the purpose of
implementing 746.075, 746.085, 746.110 & 746.240.
Notes
Stat. Auth.: ORS 731.244
Stats. Implemented: ORS 742.009, 746.075, 746.085, 746.110, & 746.240
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