™Your Policy Risk Impact Agent
131 chapters · 3,637 sections in this title.
N.J.S.A. 17:24-1 Investments by insurance companies generally.
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17:24-1 Investments by insurance companies generally. 17:24-1. Any insurance company of this State for the purpose of investing its capital, surplus and other funds, or any part thereof, may: a. Purchase or hold as collateral security or otherwise and sell and transfer any bonds …
N.J.S.A. 17:24-1.1 Written plan for acquiring, holding investments, investment practices.
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17:24-1.1 Written plan for acquiring, holding investments, investment practices. 2. a. An insurer's board of directors shall adopt a written plan for acquiring and holding investments and for engaging in investment practices that specifies guidelines as to the quality, maturity, …
N.J.S.A. 17:24-1.2 Actions prohibited by insurer without prior approval; exceptions.
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17:24-1.2 Actions prohibited by insurer without prior approval; exceptions. 3. a. (1) Except as provided in subsection b. of this section, an insurer shall not, without the prior written approval of the commissioner, directly or indirectly: (a) make a loan to, or other investment…
N.J.S.A. 17:24-10 Investments in foreign securities
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17:24-10. Investments in foreign securities Any insurance company of this State lawfully doing business in any foreign country may also invest its funds, to an amount not exceeding the value of its outstanding policies of insurance issued or delivered in the foreign country, in s…
