New Jersey Statutes
§ 17B:30-11 — Interlocking directorate
New Jersey·Title 17B INSURANCE
No person shall be a director of 2 or more competing insurers so as to substantially lessen competition generally in the business of insurance or annuity or to create a monopoly therein. L.1971, c. 144, s. 17B:30-11.
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Nearby Sections
15
§ 17B:30-1
Declaration of purpose§ 17B:30-10
Stock acquisition, common management§ 17B:30-11
Interlocking directorate§ 17B:30-12
Discrimination prohibited; terms defined.§ 17B:30-13
Rebates and special inducements§ 17B:30-13.1
Unfair claim settlement practices§ 17B:30-13.2
Record of complaints§ 17B:30-14
Exceptions to discrimination and rebates§ 17B:30-15
Enumeration of acts not exclusive§ 17B:30-16
Commissioner's powers of investigation§ 17B:30-18
Procedures as to undefined practices§ 17B:30-19
Appeal by intervenor§ 17B:30-2
Practices prohibited§ 17B:30-20
Violation of cease and desist order; penalty