New Jersey Statutes
§ 17:22E-3 — Requirements for intermediary-manager
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
3.The commissioner may require a reinsurance intermediary-manager to: a. File a bond in an amount and from an insurer acceptable to the commissioner for the protection of the reinsurer; and b. Maintain an errors and omissions policy in an amount acceptable to the commissioner. L.1993,c.244,s.3.
Free access — add to your briefcase to read the full text and ask questions with AI
New Jersey § 17:22E-3 (Requirements for intermediary-manager) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 17:22E-1
Definitions§ 17:22E-10
Employment restrictions§ 17:22E-12
Written contract required for transactions between reinsurance intermediary-manager and reinsurer§ 17:22E-16
Adequacy of loss reserves§ 17:22E-18
Written notice of contract termination§ 17:22E-20
Examination of reinsurance intermediary§ 17:22E-21
Violations; penalties§ 17:22E-22
Rights not restricted, limited