N.J. Stat. § 17:36-5.20b

Current through L. 2023, c. 290.
Section 17:36-5.20b - Certain commercial lines insurance risks, exclusion from requirements of standard fire policy
a. A fire insurance policy for commercial lines insurance risks which produce minimum annual premiums in excess of $10,000 shall be excluded from the requirements of section 6 of P.L. 1954, c. 268 (C.17:36-5.20).
b. Notwithstanding any other provision of law to the contrary, no person, including, but not limited to, an insurance producer as defined in section 3 of P.L. 2001, c. 210(C.17:22A-28), shall be liable in an action for damages on account of an applicant or insured purchasing a commercial lines insurance policy that does not comply with the requirements of section 6 of P.L. 1954, c.268 (C.17:36-5.20).

N.J.S. § 17:36-5.20b

Added by L. 2007, c. 324,s. 1, eff. 1/13/2008.