2020 New Jersey Revised Statutes
Title 17 - Corporations and Institutions for Finance and Insurance
Section 17:48A-7 - Formal requirements for subscription certificates

Universal Citation: NJ Rev Stat § 17:48A-7 (2020)

17:48A-7. Formal requirements for subscription certificates

In every such subscription certificate issued or delivered by any medical service corporation of this State:

(a) All printed portions shall be plainly printed in type of which the face is not smaller than ten point;

(b) There shall be a brief description of the subscription certificate on its first page, and on its filing back in type of which the face is not smaller than fourteen points;

(c) The exceptions and limitations of the contract shall appear with the same prominence in the certificate as the benefits to which they apply; and

(d) If the contract contains any provisions purporting to make any portion of the articles, constitution or by-laws or regulations of the corporation or plans a part of the contract, such portion shall be set forth in full in the subscription certificate.

L.1940, c. 74, p. 190, s. 7. Amended by L.1944, c. 102, p. 262, s. 5.

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