™Your Policy Risk Impact Agent
30 chapters · 1,003 sections in this title.
N.J.S.A. 17B:20-1 Investments of domestic insurers.
17.0K chars
17B:20-1 Investments of domestic insurers. 17B:20-1. Any domestic insurer may invest its capital, surplus and other funds, or any part thereof, in: a. Bonds, notes, or other evidences of indebtedness or public stock issued, created, insured or guaranteed by the United States, any…
N.J.S.A. 17B:20-2 Limitation of investments.
3.3K chars
17B:20-2 Limitation of investments. 17B:20-2. The amount (excluding amounts invested in the common stock of any corporation pursuant to N.J.S.17B:20-3 and N.J.S.17B:20-4) invested by a domestic insurer (a) in the common stock of any one corporation shall not exceed 2% of the tota…
N.J.S.A. 17B:20-3 Incidental acquisition of corporate stock or securities, construction of chapter
1.3K chars
17B:20-3. Incidental acquisition of corporate stock or securities, construction of chapter Nothing contained in this chapter shall be construed to prohibit an insurer from accepting or acquiring corporate stock or evidences of indebtedness or other securities or property: a. purs…
N.J.S.A. 17B:20-4 Stock of subsidiary or alien corporations
5.6K chars
17B:20-4. Stock of subsidiary or alien corporations 17B:20-4. In addition to the authority expressly contained in this chapter and notwithstanding any limitation contained in this title, any domestic insurer may invest in the voting stock of one or more subsidiaries, as provided …
