Florida Senate - 2013                        COMMITTEE AMENDMENT
       Bill No. CS for SB 166
       
       
       
       
       
       
                                Barcode 463986                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  03/07/2013           .                                
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       The Committee on Judiciary (Richter) recommended the following:
       
    1         Senate Amendment 
    2  
    3         Delete lines 392 - 401
    4  and insert:
    5         1. “PLEASE BE AWARE THAT THE PURCHASE OF AN ANNUITY
    6  CONTRACT IS A LONG-TERM COMMITMENT AND MAY RESTRICT ACCESS TO
    7  YOUR MONEY.”
    8         2. “IT IS IMPORTANT THAT YOU UNDERSTAND HOW THE BONUS
    9  FEATURE OF YOUR CONTRACT WORKS. PLEASE REFER TO YOUR CONTRACT
   10  FOR FURTHER DETAILS.”
   11         3. “THE INTEREST RATE APPLIED TO YOUR CONTRACT MAY BE
   12  SUBJECT TO CHANGE PERIODICALLY AND MAY INCREASE OR DECREASE,
   13  SUBJECT TO CERTAIN INTEREST RATE GUARANTEES DESCRIBED IN YOUR
   14  CONTRACT.”
   15         4. “A [PROSPECTUS AND CONTRACT SUMMARY] [BUYERS GUIDE] IS
   16  REQUIRED TO BE GIVEN TO YOU.”