New Jersey Statutes
§ 46:30B-27 — Duty imposed upon company to pay proceeds of insurance or annuity to beneficiary
New Jersey·Title 46 PROPERTY
46:30B-27. Duty imposed upon company to pay proceeds of insurance or annuity to beneficiary. Notwithstanding any other provision of law, if the company learns of the death of the insured or annuitant and the beneficiary has not communicated with the insurer within four months after the death, the company shall take reasonable steps to pay the proceeds to the beneficiary. Source: New. L.1989, c.58, s.1.
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Nearby Sections
15
§ 46:30B-1
Short title.§ 46:30B-10.1
Presumption of location§ 46:30B-100
Joint enforcement§ 46:30B-102
Action by administrator in another state§ 46:30B-106
Unenforceable agreements§ 46:30B-107
Adoption of rules by administrator§ 46:30B-108
Transfer of funds and assets§ 46:30B-109
Statutes repealed§ 46:30B-12
Presumption of abandonment of money order.