17:29C-1 - Policy provision; written notice - New Jersey Statutes

17:29C-1.  Policy provision;  written notice
    In addition to the powers conferred upon him by any other law, the Commissioner of Banking and Insurance is hereby authorized and empowered to direct, by rule or regulation as hereinafter provided, that insurance companies  organized under the laws of this State or organized to do business in this  State, shall include provisions in policies of insurance written by any such  company in this State, whereby 30 days' written notice shall be given;  (1) to  the insured, of the cancellation of any such policy;  and, (2) to any  designated mortgagee not named therein as the insured of the cancellation of  any interest in such policy;  and, (3) to the insured, of intent not to renew  any such policy.

     L.1968, c. 131, s. 1, eff. July 3, 1968.