N.J.S. § 17B:20-6 Reasonable and Temporary Additional Restrictions

LibraryNew Jersey Permanent Statutes
Edition2023
CurrencyCurrent through L. 2023, c. 194.
Year2023
CitationN.J.S. § 17B:20-6

Notwithstanding any of the provisions of this chapter, if it shall appear to the commissioner that by reason of investment conditions generally or the financial condition or investment portfolio content of any particular insurer or insurers (giving due regard to policyholders' protection afforded by its capital, surplus and reserves), the safety of the public or policyholders so warrants, he may, upon written notice, impose reasonable and temporary additional restriction...

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