{"data":{"id":"us-nj/n.j.-stat.-17b-25-33","jurisdiction":"us-nj","citation":"N.J. Stat. § 17B:25-33","heading":"Effective date, applicability.","body":"14. This act shall take effect immediately and shall apply as follows:\na.\tBefore the second anniversary of the effective date of this act, on a contract form-by-contract form basis, to those annuity contracts for which the company has filed a notice of election of applicability with the Commissioner of Banking and Insurance.  A company that elects not to file using the \"Indexed Standard Forfeiture Law for Individual Deferred Annuities,\" P.L.2005, c.194 (C.17B:25-21 et al.), may continue to use contract forms which use the interest rate of 1 1/2% per annum for minimum nonforfeiture values as specified by paragraph (4) of subsection g. of section 5 of P.L.1981, c.285 (C.17B:25-20).\nb.\tIn all other instances, to all annuity contracts issued by the company on or after the second anniversary of the effective date.\nL.2005,c.194,s.14.","path":["TITLE 17B INSURANCE"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"c37ab2635f6cc6fc975732decdb5eb65fb5120e3a4e6ba3bd788d304cd197c70","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17b-25-32","next":"us-nj/n.j.-stat.-17b-25-34"},"notice":"GroundRules: Original legal text. Not legal advice."}
