N.J. Stat. § 17:48E-46.14
Current through L. 2024, c. 62.
A mutual holding company formed pursuant to P.L. 2020, c. 145(C.17:48E-46.1 et al.) shall not convert to a for-profit stock holding company. The provisions of P.L. 2001, c. 131(C.17:48E-49 et seq.) providing for conversion of a health service corporation to a domestic stock insurer shall not apply to a mutual holding company formed pursuant to P.L. 2020, c. 145(C.17:48E-46.1 et al.).
N.J.S. § 17:48E-46.14