17:32-16 - Remedial legislation; liberal construction - New Jersey Statutes

17:32-16.  Remedial legislation;  liberal construction
    This act is deemed and declared to be remedial legislation for the protection of the health and welfare of persons resident in this State by subjecting nonadmitted insurers which solicit, insure, or cause to be solicited  such resident persons to the laws which govern all foreign insurers which do  business in the State of New Jersey.  This act shall be liberally construed to  effectuate its purpose and intent.

     L.1968, c. 234, s. 1, eff. July 31, 1968.