New Jersey Statutes
§ 17:17A-2 — Interlocking directorate
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Any person otherwise qualified may be a director of two or more insurers having a common management but no such interlocking directorate shall be used as a means of substantially lessening competition generally in the business or of creating a monopoly therein. L.1948, c. 157, p. 893, s. 2.
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