N.J. Admin. Code § 11:3-46.1

Current through Register Vol. 57, No. 1, January 6, 2025

Section 11:3-46.1 - Purpose and scope

(a) The purpose of this subchapter is to:

1. Provide for the establishment of a private passenger automobile insurance urban enterprise zone program pursuant to N.J.S.A. 17:33C-1 et seq., and for the voluntary rating tier of the PAIP pursuant to N.J.S.A. 17:29D-1i; and

2. Encourage greater availability of private passenger automobile insurance in certain urban areas of this State as designated by the Commissioner pursuant to N.J.S.A. 17:33C-2b and this subchapter.

(b) This subchapter shall apply to all insurers authorized or admitted to transact private passenger automobile insurance in this State, all insurers seeking to become "qualified insurers" pursuant to N.J.S.A. 17:33C-3 and this subchapter, and all producers seeking to become "UEZ agents" or "qualified producers" pursuant to N.J.S.A. 17:33C-1 et seq. and 17:29D-1, and this subchapter.

(c) In accordance with N.J.S.A. 17:29D-1i(6), the provisions of N.J.A.C. 11:3-46.6, 46.7, 46.8, 46.9, 46.10, and 46.11 shall not be operative after November 1, 2003.

N.J. Admin. Code § 11:3-46.1

Amended by R.1999 d.218, effective 7/19/1999.
See: 31 New Jersey Register 920(a), 31 New Jersey Register 1927(a).
In (c), inserted N.J.S.A. reference at the beginning, and changed the date from December 31, 2000 to November 1, 2003 at the end.