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

    Chapter 48F:

      Section: 17:48F-20: Maintenance of insurance to cover insolvency.

          
20. The commissioner may require, in connection with the plan for insolvency required pursuant to subsection p. of section 3 of this act, that a prepaid prescription service organization maintain insurance to cover the expenses to be paid for continued benefits following a determination of insolvency, or make other arrangements to ensure that benefits are continued for the period determined in the insolvency plan.

L.1997,c.380,s.20.



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






Older versions of 17:48F-20 (if available):



Court decisions that cite this statute: CLICK HERE.