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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Section: 17:30C-11: Grounds for conservation--foreign insurers
The commissioner may apply for an order directing him to conserve the assets within this State of a foreign insurer upon any one or more of the following grounds:
a. Upon any of the grounds specified in section 6, and in section 8 b.
b. That its property has been sequestrated in its domiciliary sovereignty or in any other sovereignty.
L.1975, c. 113, s. 11, eff. June 3, 1975.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:30C-11 (if available):
Court decisions that cite this statute: