N.J. Admin. Code § 11:27-8.1

Current through Register Vol. 56, No. 21, November 4, 2024

Section 11:27-8.1 - Prohibition upon concurrently serving in dual capacity

(a) No person who is an officer, director or board member of a professional association for health care providers shall serve concurrently as an officer, director or board member of a State-domiciled medical malpractice liability insurer that is licensed in New Jersey and offering medical malpractice liability insurance policies. For the purposes of this section, a professional association shall not include a professional association formed in accordance with 14A:17-1 et seq. and 13:35-6.1 6(f)2.

(b) For the purposes of this section only, a health care provider means an individual or entity which, acting within the scope of its licensure or certification, provides health care services, and includes, but is not limited to, a physician, dentist, nurse or other health care professional whose professional practice is regulated pursuant to Title 45 of the Revised Statutes and a health care facility licensed pursuant to 26:2H-1 et seq.

(c) A person or professional association who violates the provisions of this section and/or 17:30D-18 shall be liable for a civil penalty of $ 10,000 for each violation.

N.J. Admin. Code § 11:27-8.1