N.J. Admin. Code § 11:2-6.15 - Restatement of accounts
(a) If action
is to be taken with respect to the restatement of any asset, capital, or
surplus of the insurer, the proxy statement shall furnish the following
information:
1. The nature of the
restatement;
2. The date as of
which it is to be effective;
3. The
reasons for the restatement and for the selection of the particular effective
date; and
4. The name and amount of
each account affected by the restatement and the effect of the restatement
thereon.
Notes
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