| PREVIOUS SECTION | Go back to sections | Go back to the chapter | Go back to the N.J. Statutes homepage | NEXT SECTION |
New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 48a:
Section: 17:48a-4: Corporate funds required
No certificate of authority shall be issued to any medical service corporation except on receipt of evidence by the Commissioner of Banking and Insurance that the corporation is in possession of unencumbered funds of not less than five thousand dollars ($5,000.00) and that such amount is held in cash or in bank to the credit of the corporation.
L.1940, c. 74, p. 188, s. 4.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:48a-4 (if available):
Court decisions that cite this statute:
CLICK HERE.