17:29AA-2 - Purposes - New Jersey Statutes

17:29AA-2.  Purposes
    The purposes of this act are:

    a.  To encourage independent action by price competition among insurers in the writing of commercial lines insurance;

    b.  To prevent practices that tend to bring about monopoly or to lessen or destroy competition;  and

    c.  To encourage the most efficient and economic rating and marketing practices.

     L.1982, c. 114, s. 2.