MT | The 2021 Legislature considered and passed, as Senate Bill 363 (SB 363), amendments to the Montana Suitability in Annuity Transactions Act, Mont. Code Ann. § 33-20-801 through 807. SB 363 substantially adopted the National Association of Insurance Commissioners (NAIC) Model Regulation No. 275, Suitability in Annuity Transactions, published Spring 2020. The amendments were effective October 1, 2021.
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