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NEW JERSEY STATUTES AND CODES
17:30C-11 - Grounds for conservation--foreign insurers
17:30C-11. Grounds for conservation--foreign insurers
The commissioner may apply for an order directing him to conserve the assets within this State of a foreign insurer upon any one or more of the following grounds:
a. Upon any of the grounds specified in section 6, and in section 8 b.
b. That its property has been sequestrated in its domiciliary sovereignty or in any other sovereignty.
L.1975, c. 113, s. 11, eff. June 3, 1975.
The commissioner may apply for an order directing him to conserve the assets within this State of a foreign insurer upon any one or more of the following grounds:
a. Upon any of the grounds specified in section 6, and in section 8 b.
b. That its property has been sequestrated in its domiciliary sovereignty or in any other sovereignty.
L.1975, c. 113, s. 11, eff. June 3, 1975.
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