17:37A-3. Creation of association; membership
79 words·~1 min read·
/nj/title-17/chapter-37a/17-37a-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
There is hereby created the New Jersey Insurance Underwriting Association, consisting of all insurers authorized to write and engaged in writing within this State, on a direct basis, property insurance. Every such insurer shall be a member of the association and shall remain a member so long as the association is in existence as a condition of its authority to continue to transact such kinds of insurance in this State.
L.1968, c. 129, s. 3, eff. July 1, 1968.