New Jersey Statutes
§ 17:44B-20 — Investment of funds of society
New Jersey § 17:44B-20
JurisdictionNew Jersey
Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
This text of New Jersey § 17:44B-20 (Investment of funds of society) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 17:44B-20 (2026).
Text
20.A society shall invest its funds only in investments that are authorized by the laws of this State for the investment of assets of domestic life insurers and subject to the limitations thereon. Any foreign or alien society permitted or seeking to do business in this State which invests its funds in accordance with the laws of the state, district, territory, country or province in which it is incorporated, shall be held to meet the requirements of this section for the investment of funds. L.1997,c.322,s.20.
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Nearby Sections
15
§ 17:44B-10
Formation of domestic society§ 17:44B-11
Amendment of laws of domestic society§ 17:44B-12
Establishment of not-for-profit institutions§ 17:44B-13
Reinsurance agreement to cede risks§ 17:44B-14
Consolidation, merger§ 17:44B-15
Conversion to domestic mutual insurer§ 17:44B-16
Provision of contractual benefits§ 17:44B-17
Right to change beneficiary§ 17:44B-2
Fraternal benefit society§ 17:44B-20
Investment of funds of society§ 17:44B-21
Holding, investment, disbursement of assets§ 17:44B-22
Societies governed by actCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 17:44B-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/17/17%3A44B-20.