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New Jersey Statutes, Title: 53, STATE POLICE

    Chapter 5a: Provisos as to repeal

      Section: 53:5a-24: Credit to policyholder in absence of brokerage commissions

           Notwithstanding any other provision of law, any insurance company or companies issuing such policy or policies may credit the policyholder, in the form of reduced premiums, with savings by said company or companies in the event that no brokerage commission or commissions are paid by said company or companies on the issuance of such policy of policies.

L.1965, c. 89, s. 24, eff. July 1, 1965.



This section added to the Rutgers Database: 2012-09-26 13:37:56.






Older versions of 53:5a-24 (if available):



Court decisions that cite this statute: CLICK HERE.