This regulation shall be effective after it has been accepted by the Legislature. Acceptance by the Legislature will occur 60 days after the regulation has been submitted to the Legislature, unless the Legislature passes a concurrent resolution stating in substance that the Legislature does not favor this regulation. This regulation shall be applicable to all individual health insurance policies, not specifically exempt from this regulation, delivered or issued for delivery in this State 120 days after acceptance by the Legislature.
N.J. Admin. Code § 11:4-16.3