N.J. Stat. § 17:50-6

Current through L. 2024, c. 87.
Section 17:50-6 - General deposit with Commissioner; filing certificate by foreign exchange

Each domestic exchange transacting business in this State shall keep and maintain with the Commissioner of Insurance a general deposit of cash or securities in the sum of not less than $100,000.00. In the case of foreign exchanges, a certificate of such deposit with the chief insurance officer of the State of domicile shall be filed with the Commissioner of Insurance of this State.

N.J.S. § 17:50-6

L.1945, c.161, s.6; amended 1989, c.264, s.11.