New Jersey Statutes 17:44B-28. Licensing of foreign, alien society
Terms Used In New Jersey Statutes 17:44B-28
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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
- 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
- territory: extends to and includes any territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
a. A duly certified copy of its articles of incorporation;
b. A copy of its bylaws, certified by its secretary or corresponding officer;
c. A power of attorney to the commissioner as prescribed in section 34 of this act;
d. A statement of its business under oath of its president and secretary or corresponding officers in a form prescribed by the commissioner, duly verified by an examination made by the supervising insurance official of its home state, territory, province or country, satisfactory to the commissioner;
e. Certification from the proper official of its home state, territory, province or country that the society is legally incorporated and licensed to transact business therein;
f. Copies of its certificate forms;
g. A showing that its assets are invested in accordance with the provisions of this act;
h. Any other information the commissioner may deem necessary; and
i. Upon payment of a filing fee established by the commissioner by regulation.
L.1997,c.322,s.28.