N.J. Admin. Code § 18:26-6.10

Current through Register Vol. 56, No. 11, June 3, 2024

Section 18:26-6.10 - Surrender of right to change beneficiary of contract of insurance

The transfer, relinquishment, surrender, or exercise at any time or times by a resident or nonresident of this State, of any right to nominate or change the beneficiary or beneficiaries of any contract of insurance insuring the life of such resident or nonresident, regardless of when such transfer, relinquishment, surrender, or exercise of such right occurred, is exempt from the tax.

N.J. Admin. Code § 18:26-6.10

Adopted by 50 N.J.R. 1624(a), effective 7/16/2018