§ 17:50-1 Exchange of contracts authorized; law exclusive
§ 17:50-2 Attorney in fact; exchange
§ 17:50-3 Declaration to be filed by attorney in fact
§ 17:50-4 Instrument authorizing service of process on Commissioner of Banking and Insurance to be filed; service fee
§ 17:50-5 Reinsurance reserve; surplus; claim or loss reserve
§ 17:50-6 General deposit with Commissioner; filing certificate by foreign exchange
§ 17:50-7 Power of attorney; requisites; policies without contingent liability
§ 17:50-8 Report of financial condition to Commissioner; examination of records, affairs and financial condition
§ 17:50-9 Power to exchange contracts; insurance of trust property
§ 17:50-10 Misdemeanor; solicitation of powers of attorney and applications for insurance contract; injunction; appointment of receiver
§ 17:50-11 Certificate of authority
§ 17:50-12 Authority of attorney to insert in policy provisions or conditions
§ 17:50-13 Fees and taxes
§ 17:50-14 Application of law as to appointment, licensing, etc., of insurance agents and solicitors
§ 17:50-15 Application of laws governing insurance rates and licensing of rate making organizations
§ 17:50-16 Workmen’s compensation insurance, authority to exchange contracts
§ 17:50-17 Retaliatory laws
§ 17:50-18 Conflicting laws repealed
§ 17:50-19 Partial invalidity
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Terms Used In New Jersey Statutes > Title 17 > Chapter 50 - Exchange of Contracts Authorized; Law Exclusive

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Oath: A promise to tell the truth.
  • oath: includes "affirmation. See New Jersey Statutes 1:1-2
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Service of process: The service of writs or summonses to the appropriate party.
  • State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
  • Statute: A law passed by a legislature.