N.J. Admin. Code § 11:4-43.1

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

Section 11:4-43.1 - Purpose and scope

(a) The subchapter implements P.L. 1995, c.73, by setting forth standards and requirements that individual annuity contract forms delivered or issued for delivery in this State are required to satisfy in order to obtain approval from the Commissioner.

(b) This subchapter shall apply to all individual annuities issued pursuant to N.J.S.A. 17B:25-18 and P.L. 1995, c.73, sections 16 and 17. This subchapter shall not apply to individual annuity forms approved by the Interstate Insurance Product Regulation Commission created pursuant to the Interstate Insurance Product Regulation Compact established by P.L. 2010, c. 120.

N.J. Admin. Code § 11:4-43.1

Amended by R.2011 d.265, effective 11/7/2011.
See: 43 N.J.R. 819(a), 43 N.J.R. 3026(a).
In (b), inserted the last sentence.