Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE50. INSURANCE |
PART3120. SUITABILITY IN ANNUITY TRANSACTIONS |
§3120.90. Noncompliance
Latest version.
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Violation of the requirements of this Part may be considered evidence of misrepresentation under Section 149 of the Illinois Insurance Code and/or a deceptive act or practice prohibited under Sections 423 and 424 of the Illinois Insurance Code.
(Source: Renumbered from Section 3120.80 and amended at 35 Ill. Reg. 16087, effective September 26, 2011)