N.J. Admin. Code § 17:6-12.2

Current through Register Vol. 56, No. 23, December 2, 2024
Section 17:6-12.2 - Account balance

The account balance is the total amount or value of the account (or sub-account or separate account as applicable) reduced by any applicable investment option or trust charges, fees, expenses, and taxes. At any time, the amount or value of any account or sub-account is the applicable account balance as of the last valuation date.

N.J. Admin. Code § 17:6-12.2