N.J. Stat. § 17B:25-20.1

Current through L. 2024, c. 87.
Section 17B:25-20.1 - Supersedure of standard nonforfeiture law, certain

Effective on the second anniversary of the effective date of the "Indexed Standard Nonforfeiture Law for Individual Deferred Annuities," P.L. 2005, c. 194(C.17B:25-21 et al.), the standard nonforfeiture law for individual deferred annuities as provided in section 5 of P.L. 1981, c.285 (C.17B:25-20) shall continue to govern a contract of annuity issued pursuant thereto, but shall not apply to, and shall be superseded with respect to, a contract of annuity subject to the provisions of the "Indexed Standard Nonforfeiture Law for Individual Deferred Annuities," P.L. 2005, c. 194(C.17B:25-21 et al.) as provided therein.

N.J.S. § 17B:25-20.1

Added by L. 2005, c. 194, s. 13, eff. 8/18/2005.