17:50-15 - Application of laws governing insurance rates and licensing of rate making organizations - New Jersey Statutes

17:50-15.  Application of laws governing insurance rates and licensing of rate making organizations
    The provisions of the laws of this State regulating the making and applying  of insurance rates and providing for the licensing of rating organizations,  being chapter twenty-seven, laws of one thousand nine hundred and forty-four,  approved March ninth, one thousand nine hundred and forty-four, effective March  ninth, one thousand nine hundred and forty-four, shall apply to reciprocal or  inter-insurance contracts, but nothing therein contained shall be construed to  prohibit the return of savings or dividends to subscribers of policyholders.

     L.1945, c. 161, p. 562, s. 15.