PREVIOUS SECTION | Go back to sections | Go back to the chapter | Go back to the N.J. Statutes homepage | NEXT SECTION |
New Jersey Statutes, Title: 17B, INSURANCE
Chapter 25: "Industrial life insurance" ; definition
Section: 17B:25-34: Findings, declarations relative to certain annuity products.
1. The Legislature finds and declares that it is a valid public purpose to set forth standards and procedures regarding annuity products directly solicited to consumers to: prevent the fraudulent and misleading marketing of annuity products by insurers, brokers, and agents; provide standards for the disclosure of information about annuity products so that consumers understand the basic features of these products; ensure that annuity products ultimately issued to consumers are suitable to appropriately address their insurance needs and financial objectives; and enhance oversight over annuity products, including enforcement against violations, through the Department of Banking and Insurance.
L.2008, c.88, s.1.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17b:25-34 (if available):
Court decisions that cite this statute:
CLICK HERE.