Texas Governor Rick Perry signs SB 567 into law June 7th 2011. And we were there! (Lane Boozer was anyway!)
Pictured here are members of NAIFA - Texas leadership, along with TX Sen. Robert Duncan and Governor Perry. Lane Boozer is back center.
This provides for the increase of the Texas Guarantee Association to $250,000 on annuities. This puts us back on a level playing field with FDIC insured products.
OFFICIAL MEDIA RELEASE
INCREASE IN CONSUMER PROTECTION FOR ANNUITIES TO $250,000
Texas Governor Rick Perry signs SB 567 into law June 7th 2011. SB 567 provides for the increase of the Texas Guarantee Association to $250,000 on annuities.
OFFICIAL MEDIA RELEASE:
For Immediate Release
Lane Boozer Meets with Gov. Perry at Historic Bill Signing
Texas, June 9) – Denton native Lane Boozer, LUTCF, a trustee of the
National Association of Insurance & Financial Advisors-Texas, met
with Texas Gov. Rick Perry this week to witness the signing of Senate
Bill 567, a measure that increases consumer protections for annuities
under the Texas Life and Health Guaranty Association Act.