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New Jersey Statutes, Title: 17B, INSURANCE
Chapter 28: Definition
Section: 17B:28-11: Reserve liability
The reserve liability for contracts on a variable basis shall be established by the commissioner pursuant to the requirements of section 17B:19-8 (the Standard Valuation Law) in accordance with actuarial procedures that recognize the variable nature of the benefits provided.
L.1971, c. 144, s. 17B:28-11.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17b:28-11 (if available):
Court decisions that cite this statute:
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