New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 4 - ACTUARIAL SERVICES
Subchapter 43 - INDIVIDUAL ANNUITY CONTRACT FORM STANDARDS
Section 11:4-43.1 - Purpose and scope
Universal Citation: NJ Admin Code 11:4-43.1
Current through Register Vol. 56, No. 6, March 18, 2024
(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 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.
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