New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter III - Policy and Certificate Provisions
Subchapter A - Life, Accident and Health Insurance
Part 40 - Group Annuity Contracts And Funding Agreements: Disclosure And Withdrawal Rules
Section 40.0 - Purpose
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 40.0
Current through Register Vol. 46, No. 39, September 25, 2024
The purpose of this Part is to prescribe the terms and conditions under which certain group annuity contracts and funding agreements may be delivered or issued for delivery in the State of New York. This Part provides disclosure requirements, rules for contract withdrawals to pay certain defined contribution plan benefits and rules relating to contract terminations.
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