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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 17a: Insurer may acquire stock of or have common management with other insurers; restrictions
Section: 17:17a-2: Interlocking directorate
Any person otherwise qualified may be a director of two or more insurers having a common management but no such interlocking directorate shall be used as a means of substantially lessening competition generally in the business or of creating a monopoly therein.
L.1948, c. 157, p. 893, s. 2.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:17a-2 (if available):
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