New Jersey Statutes 17:18-15. Allocation of reserve of fees and premiums
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Terms Used In New Jersey Statutes 17:18-15
- 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
In cases where a title insurance company of this State or of another State or foreign country doing business in this State under paragraph “h” of s. 17:17-1 of this Title issues its title insurance policy upon the examination and certification of title of another such company, the reserve required under section six of this act above shall be allocated between the companies upon the basis of the amount of the total fee and premium retained by each, respectively.
L.1938, c. 289, p. 625, s. 8.