New Jersey § 46:30b-24
Full text of New Jersey New Jersey Statutes § 46:30b-24, with citation guidance and answers to common questions.
§ 46:30b-24.
For purposes of this article, a life or endowment insurance policy or annuity contract
not matured by actual proof of death of the insured or annuitant according to the
records of the company is matured and the proceeds due and payable if: a. The company knows that the insured or annuitant has died; or b. The insured has attained, or would have attained if he were living, the limiting
age under the mortality table on which the reserve is based; c. The policy was in force at the time the insured attained, or would have attained,
the limiting age specified in subsection b.; and d. Neither the insured nor any other person appearing to have an interest in the policy
within the preceding two years, according to the records of the company, has assigned,
readjusted, or paid premiums on the policy, subjected the policy to a loan, corresponded
in writing with the company concerning the policy, or otherwise indicated an interest
as evidenced by a contemporaneous memorandum or other record on file prepared by an employee of the company.
Frequently Asked Questions About New Jersey § 46:30b-24
What does New Jersey Statutes § 46:30b-24 cover?
Section 46:30b-24 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 46:30b-24?
A common citation format is "New Jersey Statutes § 46:30b-24" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 46:30b-24 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.