17:18-15 - Allocation of reserve of fees and premiums - New Jersey Statutes

17:18-15.  Allocation of reserve of fees and premiums
    In cases where a title insurance company of this State or of another State or foreign country doing business in this State under paragraph  "h" of  s. 17:17-1 of this Title issues its title insurance policy upon the examination and certification of title of another such company, the reserve required under section six of this act above shall be allocated between the companies upon the  basis of the amount of the total fee and premium retained by each, respectively.

     L.1938, c. 289, p. 625, s. 8.