N.J. Stat. § 17:30C-11

Current through L. 2023, c. 200.

Section 17:30C-11 - Grounds for conservation-foreign insurers

The commissioner may apply for an order directing him to conserve the assets within this State of a foreign insurer upon any one or more of the following grounds:

a. Upon any of the grounds specified in section 6, and in section 8 b.

b. That its property has been sequestrated in its domiciliary sovereignty or in any other sovereignty.

N.J.S. § 17:30C-11

L.1975, c.113, s.11, eff. 6/3/1975.