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

    Chapter 32: Waiving requirements for certain foreign insurers

      Section: 17:32-18: Conditions for authority to transact business

           No insurer organized or existing under the law of another State, or of a foreign country, or any employee, agent or other representative thereof including, without limitation, promotional media, shall by mail or otherwise, transact in any manner, directly or indirectly, the business of insurance within this State unless and until:

(a) Admitted to transact the business of insurance pursuant to the provisions of this chapter; or

(b) Specifically permitted by any other law of this State to transact the business of insurance within this State.

L.1968,c.234,s.3.



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






Older versions of 17:32-18 (if available):



Court decisions that cite this statute: CLICK HERE.