17:46B-34 - Commissions; no right to pay - New Jersey Statutes

17:46B-34.  Commissions;  no right to pay
    No title insurance company and no title insurance agent shall pay, allow or  give, or offer to pay, allow or give, directly or indirectly, any commission or  part of its fee or charge or any other consideration as an inducement or  compensation for the placing or procuring of any order for title insurance;   provided, however, that nothing herein contained shall be construed to  prohibit the payment of a commission or other compensation to a regular  full-time employee of a title insurance company or agent of a title insurance  company as part of the regular compensation of such employee or agent.

     L.1975, c. 106, s. 34, eff. May 29, 1975.