17:16D-3 - Application - New Jersey Statutes

17:16D-3.  Application    The provisions of this act shall not apply with respect to:

    (a) Any insurance company authorized to do business in the State of New Jersey,

    (b) State associations and Federal associations, as defined in P.L.1963, chapter 144, section 5 (C. 17:12B-5),

    (c) The inclusion or deduction of a charge for insurance made pursuant to any other law of this State expressly or impliedly authorizing the financing of  insurance premiums in connection with transactions of loan or of the sale of  goods or services, or both goods and services, including, but not limited to  charges for premiums for either or both credit life insurance and credit accident and health insurance issued pursuant to  "An act to provide for the regulation of credit life insurance and credit accident and health insurance, as defined, and supplementing Title 17 of the Revised Statutes,"  approved January 27, 1959 (P.L.1958, c. 169).

    (d) The financing of insurance premiums in New Jersey in accordance with the  provisions of Revised Statutes 31:1-1 relating to legal interest rate.

     L.1968, c. 221, s. 3.  Amended by L.1969, c. 101, s. 1, eff. June 26, 1969.