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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

    Chapter 29aa:

      Section: 17:29aa-2: Purposes

           The purposes of this act are:

a. To encourage independent action by price competition among insurers in the writing of commercial lines insurance;

b. To prevent practices that tend to bring about monopoly or to lessen or destroy competition; and

c. To encourage the most efficient and economic rating and marketing practices.

L.1982, c. 114, s. 2.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 17:29aa-2 (if available):



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