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Code · New Jersey · Title 17 — Notice and Publication · Chapter 37

17:37-10. Tenure of directors of certain companies; cash payments

48 words·~1 min read·/nj/title-17/chapter-37/17-37-10

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Any mutual fire insurance company of this state organized by special act prior to the year one thousand eight hundred and seventy-five may, if deemed for its best interests, elect its directors for three-year terms. The company may, also, accept cash payments for premiums, or any portion thereof.
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