New Jersey Statutes 17B:18-66. Reinsurance pooling
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Terms Used In New Jersey Statutes 17B:18-66
- Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
Any reinsurance authorized by sections 17B:18-63 or 17B:18-65 or any reinsurance of blanket accident insurance referred to in section 4 of Public Law 1939, c. 305 (17B:27-32) may be provided through pooling arrangements with other insurers for purposes of spreading the insurance risk.
L.1971, c. 144, s. 17B:18-66