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NEW JERSEY STATUTES AND CODES

17:22E-3 - Requirements for intermediary-manager 

17:22E-3.      Requirements for intermediary-manager 
  3.     The commissioner may require a reinsurance intermediary-manager to: 

a.     File a bond in an amount and from an insurer acceptable to the commissioner for the protection of the reinsurer; and 

b.     Maintain an errors and omissions policy in an amount acceptable to the commissioner. 

L.1993,c.244,s.3. 
 

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