A. This article applies to any sale or recommendation of an annuity.

Terms Used In Arizona Laws 20-1243.01

  • Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
  • Fiduciary: A trustee, executor, or administrator.

B. This article does not:

1. Affect in any manner any provision of title 44, chapters 12 and 13.

2. Create or imply a private cause of action for a violation of this article or subject a producer to civil liability under the best interest standard of care prescribed in Section 20-1243.03 or under standards that govern the conduct of a fiduciary or fiduciary relationship.