New Jersey § 17:29AA-31 Monitoring implementation and effect of act; recommendations

New Jersey Statutes

§ 17:29AA-31 — Monitoring implementation and effect of act; recommendations

New Jersey § 17:29AA-31

Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

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Bluebook

N.J. Stat. Ann. § 17:29AA-31 (2026).

Text

The commissioner shall monitor the implementation and effect of this act on the commercial lines marketplace and shall report to the Legislature no later than 3 years after the enactment of this act, and recommend whether the act should be continued, repealed or modified. In making his recommendation, the commissioner shall consider, among other things, whether a reasonable degree of competition exists among commercial lines insurers. L.1982, c. 114, s. 33.

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The commissioner shall monitor the implementation and effect of this act on the commercial lines marketplace and shall report to the Legislature no later than 3 years after the enactment of this act, and recommend whether the act should be continued, repealed or modified. In making his recommendation, the commissioner shall consider, among other things, whether a reasonable degree of competition exists among commercial lines insurers. L.1982, c. 114, s. 33.