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New Jersey Statutes, Title: 17B, INSURANCE

    Chapter 28a: Insurance against risk of loss in value of redeemable securities issued by investment company

      Section: 17B:28a-6: Rules and regulations

           The commissioner shall make appropriate further rules and regulations for the protection of policyholders and the public, including requirements for nonforfeiture benefits where appropriate, and regulations for valuation methods and minimum requirements for life insurance reserves which are set aside to mature or liquidate, as the case may be, future unaccrued claims under policies of investment return assurance, including specification of maximum assumed rates of interest and recognized minimum assumed mortality tables.

L.1977, c. 374, s. 6, eff. Feb. 8, 1978.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 17b:28a-6 (if available):



Court decisions that cite this statute: CLICK HERE.