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Regulation 60 Circular Letters and General Counsel Opinions

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Circular Letters

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Circular Letter Number and Year Date Issued Status Addressed To Subject Matter HTML PDF
No. 21 (2000) 06/21/2000

 

All Licensed Life Insurance Agents, Licensed Life Insurers and Fraternal Benefit Societies

Duties and Obligations in the sale of "Bonus" Interest Rate or Credit Provision Annuity Contracts

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No. 5 (2006) 03/24/2006

All Authorized Life Insurers and Licensed Fraternal Benefit Societies ("insurers")

Regulation No. 60 Electronic Reporting

html pdf
No. 6 (2006) 03/24/2006

All Authorized Life Insurers and Licensed Fraternal Benefit Societies, All Licensed Life Insurance Agents and Brokers

Regulation No. 60 - Contact Information for Replacement Notification and Disclosure Statements

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General Counsel Opinions

Opinion Number SUBJECT Date Issued
00-01-04

Necessity for the Execution of Client Replacement Authorization Form Under Regulation 60

01/14/2000
00-11-08

Sales Illustrations, Regulation 60

11/21/2000
01-10-01

Disclosure Statements for Life Insurance Policies and Annuity Contracts and Prior Approval Process

10/02/2001
02-06-30

Replacement of a Variable Annuity as Defined Under NY Comp Codes R & Regs Tit. 11 Sec 51.2(A) (1998)

06/26/2002
02-12-16

NY Comp Codes R & Regs. Tit 11, Sec 51.1-51.8 (1998) & Unauthorized Insurers

12/18/2002
03-01-24

Electronic Data Gathering & Records Retention of Insurance Applications & Related Documents

01/13/2003
03-02-06

Banks and Insurance

02/06/2003
03-07-34

Replacement of Annuity Contracts & Regulation 60

07/31/2003
03-12-04

Internal Replacement of Life Insurance

12/02/2003
04-07-07

Regulation 60 & Replacement of an IRA

07/15/2004
01-07-13

Regulation 60 & Replacements of Annuity Contracts

07/11/2001
04-06-01

Group Annuity Contracts, Transfer of Assets

06/02/2004
05-06-09

Regulation 60 & Staggered Infusion of Funds from Life Insurance Policy & Annuity Contract into New Annuity Contract (see 2/7/2006 for updated opinion)

06/07/2005
06-01-03

Broker Retention of Records

01/04/2006
06-02-04

Applicability of Regulation 60 to Subsequent Transfer of Funds

02/07/2006
06-04-11

Execution of 1035 Exchange by a Former Life Insurance Agent

04/11/2006
06-05-10

Policy or Contract and Company Comparisons in Sale and Replacement of Life Insurance and Annuities

05/30/2006
07-01-04

Applicability of Regulation 60 to Movement of Employee Investments in a 403(b) Program

01/05/2007
07-02-07

Regulation 60 requirements applicable to replacement of a life insurance policy or annuity contract

02/06/2007
07-06-13

Regulation 60

06/15/2007
07-07-12

Regulation 60 Replacement Inquiry

07/19/2007
07-08-09

Applicability of Regulation 60 to an Exchange of a Matured Endowment Contract

08/29/2007

Updated 10/15/2009

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