New Jersey Statutes 17:48F-10. Prepaid prescription service organization deemed domestic insurer
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Terms Used In New Jersey Statutes 17:48F-10
- 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
10. a. A prepaid prescription service organization which is organized under the laws of this State shall be deemed to be a domestic insurer for the purposes of P.L.1970, c.22 (C. 17:27A-1 et seq.).
b. An organization shall be subject to the provisions of N.J.S. 17B:30-1 et seq.
c. The capital, surplus and other funds of an organization shall be invested in accordance with the provisions of N.J.S. 17B:20-1 et seq. and guidelines established by the commissioner by regulation.
L.1997,c.380,s.10.