Supersession of Conflicting Regulations

Supersession of Conflicting Regulations This regulation shall supersede and fully replace any prior regulation concerning variable life insurance. This regulation is particularly intended to replace any provisions of Regulation No. 78-2 (Variable Contracts), Articles I through IX as they may pertain to variable life insurance. The provisions of Regulation 78-2 (Variable Contracts), Articles I through IX that regulate variable annuities remain undisturbed by this Regulation.