New Jersey Statutes

§ 39:6-63 — Creation, maintenance of fund.

New Jersey·Title 39 MOTOR VEHICLES AND TRAFFIC REGULATION

3. For the purpose of creating and maintaining the fund:

(a)(Deleted by amendment, P.L.1968, c.323, s.3.) (b) (Deleted by amendment, P.L.1968, c.323, s.3.) (c) (Deleted by amendment, P.L.1968, c.323, s.3.) (d) Commencing on or before December 30, 2003, and on or before December 30 in each year thereafter, the association shall calculate the probable amount which will be needed to carry out its responsibilities under section 35 of P.L.2003, c.89 (C.39:6-86.7), section 9 of P.L.1952, c.174 (C.39:6-69) and section 7 of P.L.1972, c.198 (C.39:6-86.1) during the ensuing year. In that calculation, the association shall take into consideration the amount presently reserved for pending claims, anticipated payments from the fund during that year and during the two years after that year, anticipated

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