N.Y. Comp. Codes R. & Regs. tit. 9 § 9003.7
Current through Register Vol. 46, No. 50, December 11, 2024
No contract or agreement entered into with a financial organization may provide for the investment of any amounts under the plan in any annuity contract providing for a term which could exceed five years or which is measured by one or more natural lives or any life insurance or other contract providing traditional death benefits.
N.Y. Comp. Codes R. & Regs. Tit. 9 § 9003.7