New Jersey § 43:6A-22 Qualifications for life insurance company

New Jersey Statutes

§ 43:6A-22 — Qualifications for life insurance company

New Jersey § 43:6A-22

Title 43PENSIONS AND RETIREMENT AND UNEMPLOYMENT COMPENSATION

This text of New Jersey § 43:6A-22 (Qualifications for life insurance company) 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. § 43:6A-22 (2026).

Text

Any life insurance company must meet the following requirements in order to qualify under section 21: a. be licensed under the laws of the State of New Jersey to transact life and accidental death insurance; and b. 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. L.1973, c. 140, s. 22, eff. May 22, 1973.

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Any life insurance company must meet the following requirements in order to qualify under section 21: a. be licensed under the laws of the State of New Jersey to transact life and accidental death insurance; and b. 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. L.1973, c. 140, s. 22, eff. May 22, 1973.