Compilation of Rules and Regulations of the State of Georgia
Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER
Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE
Subject 120-2-71 - SALE OF ANNUITIES BY FINANCIAL INSTITUTIONS
Rule 120-2-71-.19 - Anti-Tying Provisions
Current through Rules and Regulations filed through March 20, 2024
(1) No person may by words, actions, or distribution of written materials require or create the impression that the purchase of an annuity by a borrower or prospective borrower is required as a condition of or is in any way related to the lending of money or the extension of credit, the establishment or maintenance of a trust account, the establishment or maintenance of an insured deposit account, or the provision of services related to such activities.
(2) If annuities are marketed in connection with or in conjunction with any activities described in this section:
O.C.G.A. Secs. 33-2-9, 33-3-23, 33-6-1et seq.