House Bill 612

Last Action to Banking & Insurance (H)
Title AN ACT relating to annuities.
Bill Documents Bill
Bill Request Number 1973
Sponsor D. Floyd
Summary of Original Version Amend KRS 304.15-050 to permit a senior citizen to return an annuity contract to the company or producer through whom it was purchased within a period stated in the contract which shall not be less than 30 days after receipt by the owner; define "senior citizen" as an individual who is 60 years of age or older on the date of purchase of the annuity.
Index Headings of Original Version Insurance - Annuities, right to return


  • introduced in House
  • to Banking & Insurance (H)

Last updated: 8/28/2019 8:09 AM (EDT)