New Jersey Statutes
§ 17:24-34 — Investment pool, organized as business entity.
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
7.An investment pool established pursuant to the provisions of this act shall be a business entity and shall be a subsidiary organized to engage exclusively in the acquisition, ownership or management of investments, provided that the subsidiary is wholly-owned by two or more insurers domiciled in the United States, who are members of the same holding company system. L.1999,c.20,s.7.
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Nearby Sections
15
§ 17:24-10
Investments in foreign securities§ 17:24-11
Bond and mortgage; sale or assignment of part with guaranty of payment; subordinate interests§ 17:24-13
Purpose of act; expenses of committee in investigation, analyses, and valuation of securities§ 17:24-14
Budget estimate§ 17:24-25
Partial repeal§ 17:24-26
Repeal§ 17:24-29
Permitted investments, qualifications.§ 17:24-30
Qualified investment pools.§ 17:24-31
Limits on permitted investments.