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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 23: Statements; format; preparation
Section: 17:23-20: Purpose of act
1. The purpose of this act is to provide an effective and efficient system for examining the activities, operations, financial condition and affairs of all persons transacting the business of insurance in this State and all persons otherwise subject to the jurisdiction of the commissioner. The provisions of this act are intended to enable the commissioner to adopt a flexible system of examinations which directs resources as may be deemed appropriate and necessary for the administration of the insurance and insurance related laws of this State.
L.1993,c.236,s.1.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:23-20 (if available):
Court decisions that cite this statute:
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