New Jersey Statutes

§ 17B:19-7 — Abandonment of standard of valuation adopted

New Jersey § 17B:19-7
JurisdictionNew Jersey
Title 17BINSURANCE

This text of New Jersey § 17B:19-7 (Abandonment of standard of valuation adopted) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.J. Stat. Ann. § 17B:19-7 (2026).

Text

Except in accordance with the provisions of section 17B:19-2, a life insurer shall not abandon the standard of valuation adopted for any outstanding policies if the reserve, calculated by the proposed standard, is less than the reserve calculated by the standard which is to be abandoned. L.1971, c. 144, s. 17B:19-7.

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Bluebook (online)
New Jersey § 17B:19-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17B/17B%3A19-7.