N.J. Admin. Code § 11:2-6.15

Current through Register Vol. 56, No. 24, December 18, 2024

Section 11:2-6.15 - Restatement of accounts

(a) If action is to be taken with respect to the restatement of any asset, capital, or surplus of the insurer, the proxy statement shall furnish the following information:

1. The nature of the restatement;

2. The date as of which it is to be effective;

3. The reasons for the restatement and for the selection of the particular effective date; and

4. The name and amount of each account affected by the restatement and the effect of the restatement thereon.

N.J. Admin. Code § 11:2-6.15