New Jersey Statutes 17:1C-20.1. Distribution of special purpose apportionment
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Terms Used In New Jersey Statutes 17:1C-20.1
- Fraud: Intentional deception resulting in injury to another.
2. Notwithstanding the provisions of any law to the contrary, the Commissioner of Banking and Insurance shall take that action necessary to ensure that policyholders of the companies paying the special purpose apportionment pursuant to P.L.1995, c.156 (C. 17:1C-19 et seq.) shall not pay for that portion of the special purpose apportionment attributable to the appointment of additional insurance fraud investigators as provided in section 13 of P.L.1995, c.156 (C. 17:1C-31).
L.1997,c.154,s.2.