Statutes, codes, and regulations
New Jersey Statutes
Title 17 - CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 17:22E
Section 17:22E-17 - Binding authority for retrocessional contracts, reinsurance syndicates

N.J. Stat. § 17:22E-17

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Current through L. 2024, c. 62.
Section 17:22E-17 - Binding authority for retrocessional contracts, reinsurance syndicates

Binding authority for all retrocessional contracts or participation in reinsurance syndicates shall rest with an officer of the reinsurer who shall not be affiliated with the reinsurance intermediary-manager.

N.J.S. § 17:22E-17

L.1993, c.244, s.17.