17:29AA-31. Monitoring implementation and effect of act; recommendations
71 words·~1 min read·
/nj/17-64A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The commissioner shall monitor the implementation and effect of this act on the commercial lines marketplace and shall report to the Legislature no later than 3 years after the enactment of this act, and recommend whether the act should be continued, repealed or modified. In making his recommendation, the commissioner shall consider, among other things, whether a reasonable degree of competition exists among commercial lines insurers.
L.1982, c. 114, s. 33.