Statutes, codes, and regulations
New Jersey Administrative Code
Title 11 - INSURANCEChapter 4 - ACTUARIAL SERVICES
Subchapter 59 - DISCLOSURE REQUIREMENTS FOR ANNUITIES DIRECTLY SOLICITED TO CONSUMERS
Section 11:4-59.1 - Purpose and scope

N.J. Admin. Code § 11:4-59.1

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Current through Register Vol. 56, No. 24, December 18, 2024
Section 11:4-59.1 - Purpose and scope
(a) The purpose of this subchapter is to prescribe disclosure requirements to be utilized in connection with the sale, solicitation or negotiation of annuities directly to consumers, as required by N.J.S.A. 17B:25-34 et seq.
(b) This subchapter shall apply to any annuity, both immediate and deferred, directly solicited to a consumer, except as specifically excluded pursuant to N.J.S.A. 17B:25-37a.

N.J. Admin. Code § 11:4-59.1

Amended by R.2013 d.014, effective 2/4/2013 (operative August 4, 2013).
See: 44 N.J.R. 1681(a), 45 N.J.R. 211(a).
In (a), deleted "to set forth the information to be acquired to determine the suitability of an annuity for a consumer and" following "subchapter is" and deleted the last sentence; and in (b), deleted "and 17B:25-38a" following "17B:25-37a".