New Jersey § 18A:66-186 Credit by insurer;  savings on commissions

New Jersey Statutes

§ 18A:66-186 — Credit by insurer; savings on commissions

New Jersey § 18A:66-186

Title 18AEDUCATION

This text of New Jersey § 18A:66-186 (Credit by insurer; savings on commissions) 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. § 18A:66-186 (2026).

Text

Notwithstanding any other provision of law, any insurance company or companies, issuing such policy or policies may credit the policyholder either directly or in the form of reduced premiums, with savings by said company or companies in the event that no brokerage commission or commissions are paid by said company or companies on the issuance of such policy or policies. L.1969, c. 242, s. 20, eff. July 1, 1969.

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Notwithstanding any other provision of law, any insurance company or companies, issuing such policy or policies may credit the policyholder either directly or in the form of reduced premiums, with savings by said company or companies in the event that no brokerage commission or commissions are paid by said company or companies on the issuance of such policy or policies. L.1969, c. 242, s. 20, eff. July 1, 1969.