Submissions of all individual deferred annuity contracts having a separate surrender charge associated with each premium payment shall include an actuarial certification that surrender charges in later years comply with N.J.S.A. 17B:25-20.
N.J. Admin. Code § 11:4-43.7
See: 31 New Jersey Register 3910(a), 32 New Jersey Register 1024(a).
Rewrote the section.