N.J. Admin. Code § 17:7-15.2
Current through Register Vol. 57, No. 1, January 6, 2025
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 (in this section) as of the last valuation date.
N.J. Admin. Code § 17:7-15.2