N.J.S.A. 17B:28-11

Reserve liability

17B:28-11. Reserve liability The reserve liability for contracts on a variable basis shall be established by the commissioner pursuant to the requirements of section 17B:19-8 (the Standard Valuation Law) in accordance with actuarial procedures that recognize the variable nature of the benefits provided. L.1971, c. 144, s. 17B:28-11.

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This is the verbatim text of N.J.S.A. 17B:28-11, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 17B:28-11 — Reserve liability | Kyzer