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New Jersey Statutes, Title: 43, PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION
Chapter 15a: Extension to governmental units having no retirement system
Section: 43:15a-89: Requirements of insurance company
Any life insurance company must meet the following requirements in order to qualify under section 1 of this act; (a) be licensed under the laws of the State of New Jersey to transact life and accidental death insurance, and (b) the amount of its group life insurance in the State of New Jersey other than group creditors insurance shall at the time said insurance is to be purchased equal at least 1\% of the total amount of such group life insurance in the State of New Jersey in all life insurance companies.
L.1955, c. 214, p. 830, s. 2.
This section added to the Rutgers Database: 2012-09-26 13:37:53.
Older versions of 43:15a-89 (if available):
Court decisions that cite this statute:
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