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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 24: Investments by insurance companies generally.
Section: 17:24-34: Investment pool, organized as business entity.
7. An investment pool established pursuant to the provisions of this act shall be a business entity and shall be a subsidiary organized to engage exclusively in the acquisition, ownership or management of investments, provided that the subsidiary is wholly-owned by two or more insurers domiciled in the United States, who are members of the same holding company system.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:24-34 (if available):
Court decisions that cite this statute: