1.1Senator Rosen moved to amend S.F. No. 3540 as follows:
1.2Page 68, line 10, before the comma, insert "or a fixed annuity contract"
1.3Page 68, line 17, after the period, insert "Vendors may satisfy the requirements in this
1.4subdivision by delivering by July 1 of each year the currently effective initial summary
1.5prospectus or updating summary prospectus, as filed with the Securities and Exchange
1.6Commission, or the disclosure required under the Code of Federal Regulations, section
1.72550.404a-5(d) for the investment products offered."
1.8The motion prevailed. #did not prevail. So the amendment was #not adopted.