17:22E-2. Licensing of intermediary-broker, intermediary-manager
57 words·~1 min read·
/nj/title-17/chapter-22e/17-22e-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
2. a. No person shall act as a reinsurance intermediary-broker or reinsurance intermediary-manager in this State unless licensed as a producer in this State.
b. No insurer or reinsurer shall continue to utilize the services of a reinsurance intermediary on and after the effective date of this act unless utilization is in compliance with this act.
L.1993,c.244,s.2.