New Jersey Statutes
§ 53:5A-17 — Qualifications of life insurance companies
New Jersey § 53:5A-17
JurisdictionNew Jersey
Title 53STATE POLICE
This text of New Jersey § 53:5A-17 (Qualifications of life insurance companies) 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. § 53:5A-17 (2026).
Text
Any life insurance company must meet the following requirements in order to qualify under section 16: 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.1965, c. 89, s. 17.
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Nearby Sections
15
§ 53:5A-1
Repeals§ 53:5A-10
1 Permanent and total disability.§ 53:5A-12
Death benefits.§ 53:5A-14.1
Pension benefits under former section 53:5-5 discontinued by remarriage of mother; right to receive benefits§ 53:5A-15.3
Eligibility of beneficiary of retirant to death benefit; minimum amount of monthly allowance or benefitCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 53:5A-17, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/53/53%3A5A-17.