New Jersey Statutes
§ 17:29AA-2 — Purposes
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
The purposes of this act are: a. To encourage independent action by price competition among insurers in the writing of commercial lines insurance; b. To prevent practices that tend to bring about monopoly or to lessen or destroy competition; and c. To encourage the most efficient and economic rating and marketing practices. L.1982, c. 114, s. 2.
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Nearby Sections
15
§ 17:29AA-1
Short title§ 17:29AA-10
Rates; prohibitions§ 17:29AA-11
Policy forms; prohibitions§ 17:29AA-17
Special risks; records; examination§ 17:29AA-2
Purposes§ 17:29AA-21
Advisory organization; filing; hearing