17B:26-30. Third party ownership
57 words·~1 min read·
/nj/title-17b/chapter-26/17b-26-30·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The word "insured," as used in this chapter, shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits and rights provided therein.
L.1971, c. 144, s. 17B:26-30.