New Jersey § 17B:35-4 Deposits in compliance with condition precedent to or in connection with certificate of authority prior to effective date of act; use for similar purposes

New Jersey Statutes

§ 17B:35-4 — Deposits in compliance with condition precedent to or in connection with certificate of authority prior to effective date of act; use for similar purposes

New Jersey § 17B:35-4

Title 17BINSURANCE

This text of New Jersey § 17B:35-4 (Deposits in compliance with condition precedent to or in connection with certificate of authority prior to effective date of act; use for similar purposes) 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. § 17B:35-4 (2026).

Text

Any deposit made in this State under any law repealed herein, with or through the Department of Insurance or the commissioner, or by any insurer in compliance with a condition precedent to or in connection with its certificate of authority to transact insurance in this State, and so on deposit immediately prior to the effective date of this act, shall be given full recognition as fulfillment, to the extent of such deposit, or any deposit so required for similar purposes under this act. The deposit shall hereafter be held for the purpose applicable thereto as specified in this act, and shall be subject in all respects to the provisions of this act applicable to similar deposits newly made under this act. L.1971, c. 144, s. 17B:35-4.

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Any deposit made in this State under any law repealed herein, with or through the Department of Insurance or the commissioner, or by any insurer in compliance with a condition precedent to or in connection with its certificate of authority to transact insurance in this State, and so on deposit immediately prior to the effective date of this act, shall be given full recognition as fulfillment, to the extent of such deposit, or any deposit so required for similar purposes under this act. The deposit shall hereafter be held for the purpose applicable thereto as specified in this act, and shall be subject in all respects to the provisions of this act applicable to similar deposits newly made under this act. L.1971, c. 144, s. 17B:35-4.