2016 New Jersey Revised Statutes
Title 43 - Pensions And Retirement And Unemployment Compensation
Section 43:6A-28 - Reduction Of Premiums For Non Payment Of Commissions; Authorization

NJ Rev Stat § 43:6A-28 (2016) What's This?

43:6A-28. Reduction of premiums for non payment of commissions; authorization
Notwithstanding any other provision of law, any insurance company or companies issuing such policy or policies may credit the policyholder, in the form of reduced premiums, with savings by said company or companies in the event that no brokerage commission or commissions are paid by said company or companies on the issuance of such policy or policies.

L.1973, c. 140, s. 28, eff. May 22, 1973.


Disclaimer: These codes may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.