New Jersey Statutes
§ 17:48A-4 — Corporate funds required
New Jersey § 17:48A-4
JurisdictionNew Jersey
Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
This text of New Jersey § 17:48A-4 (Corporate funds required) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 17:48A-4 (2026).
Text
No certificate of authority shall be issued to any medical service corporation except on receipt of evidence by the Commissioner of Banking and Insurance that the corporation is in possession of unencumbered funds of not less than five thousand dollars ($5,000.00) and that such amount is held in cash or in bank to the credit of the corporation. L.1940, c. 74, p. 188, s. 4.
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Nearby Sections
15
§ 17:48A-10
Schedule of rates; filing, disapproval§ 17:48A-12
Expenditures in soliciting subscribers§ 17:48A-14
Investments; surplus§ 17:48A-2.1
Medical service corporation merger procedure§ 17:48A-21
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Bluebook (online)
New Jersey § 17:48A-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17%3A48A-4.