New Jersey Statutes
§ 17:47-1 — Insurance on Lloyds plan authorized
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Individuals, partnerships or associations of individuals, hereinafter designated "underwriters" , may engage in the business of insurance in this state as insurers on the Lloyds plan, whereby each associate underwriter becomes liable for a proportionate amount insured by a policy, in accordance with the provisions of this chapter, and not otherwise.
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Nearby Sections
15
§ 17:47-1
Insurance on Lloyds plan authorized§ 17:47-12
Penalty for violations§ 17:47-13
Exception to application of chapter§ 17:47-2
Classes of risks§ 17:47-3
Declaration filed with commissioner§ 17:47-7
Return of deposits§ 17:47-8
Exposure to loss limited§ 17:47-9
Certain other laws applicable§ 17:47A-10
License as insurance producer required§ 17:47A-11
Fines, penalties