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Existing law generally regulates insurance in the state, including annuity contracts. Existing law establishes formulas for the minimum nonforfeiture amount for specified annuity contracts and the interest rate used to determine that minimum nonforfeiture amount. This bill would make nonsubstantive changes to that provision.
Introduced
Feb 19, 2026
Last Action
Mar 4, 2026
Session
CA 20252026
Sponsors
1 primary · 0 co
Referred to Com. on RLS.
From printer. May be acted upon on or after March 22.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Referred to Com. on RLS.
Committee on Insurance