OAR 836-080-0190: Annuity Sales; Disclosure Not a Defense

Edition: Current OARD snapshotEffective: 2024-08-12Last verified: 2026-09-07

The fact that a person made a disclosure to a consumer about the nature of an annuity in connection with the sale of the annuity to the consumer is not a defense by itself to a determination by the director under OAR 836-080-0170 to 836-080-0188 that the annuity sale violated the care requirements under ORS 743.262.

Official history and status

Statutory/Other Authority: ORS 731.244 & 743.262

Statutes/Other Implemented: ORS 746.100, 746.110, 746.240 & 743.262

History: ID 19-2024, amend filed 08/12/2024, effective 08/12/2024 ID 54-2023, temporary amend filed 12/20/2023, effective 01/01/2024 through 06/28/2024 Renumbered from 836-080-0095, ID 2-2011, f. & cert. ef. 2-4-11 ID 14-2008, f. & cert. ef. 8-15-08

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Official source: https://secure.sos.state.or.us/oard/