Section 58-33A-19.2 - Producer obligations-Documentation-Time of recommendation or saleA producer shall, at the time of the recommendation or sale:
(1) Make a written record of any recommendation and the basis for the recommendation subject to the obligations required in §§ 58-33A-13 to 58-33A-27, inclusive;(2) Obtain a consumer signed statement on a form substantially similar to the form prescribed by the director and available on the division's website documenting:(a) A customer's refusal to provide the consumer profile information, if any;(b) A customer's understanding of the ramifications of not providing his or her consumer profile information or providing insufficient consumer profile information; and(3) Obtain a consumer signed statement acknowledging the annuity transaction is not recommended if a customer decides to enter into an annuity transaction that is not based on the producer's recommendation on a form substantially similar to a form prescribed by the director.SL 2022, ch 186, §15, eff. Jan. 1, 2023.Added by S.L. 2022, ch. 186,s. 15, eff. 1/1/2023.