TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE SUBCHAPTER ii: INSURANCE PRODUCERS, LIMITED INSURANCE REPRESENTATIVES AND REGISTERED FIRMS
PART 3120 SUITABILITY IN ANNUITY TRANSACTIONS
SECTION 3120.90 NONCOMPLIANCE


 

Section 3120.90  Noncompliance

 

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)