New Jersey § 17:48E-46.16 Full-time employees maintained for 36 months following transition

New Jersey Statutes

§ 17:48E-46.16 — Full-time employees maintained for 36 months following transition

New Jersey § 17:48E-46.16

Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

This text of New Jersey § 17:48E-46.16 (Full-time employees maintained for 36 months following transition) 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. § 17:48E-46.16 (2026).

Text

16. a. Upon the formation of a mutual holding company, the total number of full-time employees that were employed within a mutual holding company system shall be maintained for a transition period of 36 months following that formation based on the full-time employee count of the health service corporation as of September 30, 2019, except as provided in subsection b. of this section. b. This section shall not:

(1)supersede the terms of any collective bargaining agreement; or (2) require a mutual holding company system to replace headcount lost due to voluntary attrition or terminations for cause, including for performance, or replace any loss of headcount attributable to a decline in enrollment, market share, or loss of a major account. c. This section shall expire following the transition

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16. a. Upon the formation of a mutual holding company, the total number of full-time employees that were employed within a mutual holding company system shall be maintained for a transition period of 36 months following that formation based on the full-time employee count of the health service corporation as of September 30, 2019, except as provided in subsection b. of this section. b. This section shall not: (1) supersede the terms of any collective bargaining agreement; or (2) require a mutual holding company system to replace headcount lost due to voluntary attrition or terminations for cause, including for performance, or replace any loss of headcount attributable to a decline in enrollment, market share, or loss of a major account. c. This section shall expire following the transition period of 36 months following the formation of a mutual holding company. L.2020, c.145, s.16.