N.J.S. § 17B:18-31 Emergency By-Laws

LibraryNew Jersey Permanent Statutes
Edition2023
CurrencyCurrent through L. 2023, c. 194.
Year2023
CitationN.J.S. § 17B:18-31

The board of directors of any domestic insurer may at any time adopt emergency by-laws, subject to repeal or change by action of those having power to adopt regular by-laws for the insurer, which shall be operative during a national emergency caused by an attack on the United States or by a nuclear, atomic or other disaster which makes it impossible or impracticable for an insurer to conduct its business in strict accord with applicable provisions of law, its by-laws, or its certificate...

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