Skip to main content
THIS SITE
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.