New Jersey Statutes
§ 17:33B-12 — Charges under depopulation plan
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Notwithstanding any provision of law to the contrary, an insurer may charge premiums at the rate level applicable to eligible persons insured by the facility as provided in paragraph (2) of subsection c. of section 88 of this 1990 amendatory and supplementary act to an insured written in the voluntary market under the depopulation plan established pursuant to paragraph (5) of subsection c. of section 88 of this act. However, no insured shall be subject to facility rates for a total period in excess of three years, including the time during which the insured is covered by the facility. L.1990,c.8,s.89.
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Nearby Sections
15
§ 17:33B-1
Short title§ 17:33B-10
Payment of costs to State§ 17:33B-11
Market Transition Facility§ 17:33B-12
Charges under depopulation plan§ 17:33B-13
Definitions.§ 17:33B-14.1
Speeding violations, certain; surcharge unaffected§ 17:33B-16
Declination; reasons for§ 17:33B-17
Procedures for resolving complaints§ 17:33B-18
Conditions of licensure.§ 17:33B-2
Findings, declarations§ 17:33B-21
Penalties for violation