17B:28-8.Ā  Amounts placed in account;Ā  liabilities
Except as may be otherwise specifically provided by the contract, all amounts with respect to any contract on a variable basis shall be placed in theĀ  variable contract account designated in such contract, and all liabilities onĀ  any such contract shall be set up in said account.

L.1971, c. 144, s. 17B:28-8.Ā  Amended by L.1977, c. 37, s. 6, eff. March 10, 1977.
Ā