New Jersey Statutes
§ 18A:66-178 — Life insurance companies eligible to sell life and accidental death insurance
New Jersey·Title 18A EDUCATION
Any life insurance company must meet the following requirements in order to qualify under section 11 of this act: a. Be licensed under the laws of the State of New Jersey to transact life and accidental death insurance, and the amount of its group life insurance in the State of New Jersey shall at the time said insurance is to be purchased equal at least 1% of the total amount of such group life insurance in the State of New Jersey in all life insurance companies; or b. Come within the exceptions provided in chapter 234 of the laws of 1968 (C. 17:32-16 et seq.). L.1969, c. 242, s. 12, eff. July 1, 1969.
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Nearby Sections
15
§ 18A:66-1
Short title§ 18A:66-10
Nonmembers may join§ 18A:66-100
Annual report by trustees to boards of education§ 18A:66-101
Eligibility as members of fund§ 18A:66-104. Definition of "veteran"
§ 18A:66-104. Definition of "veteran"§ 18A:66-107
Contributions to pension fund.§ 18A:66-108. Salary deductions; death benefits
§ 18A:66-108. Salary deductions; death benefits§ 18A:66-109
Disbursements; deposits and investments.§ 18A:66-109.1
Loans from retirement system.§ 18A:66-11
Teachers in military service may enroll§ 18A:66-110
Manner of payment of pensions; options.