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2021 New Jersey Revised Statutes
Title 43 - Pensions and Retirement and Unemployment Compensation
Section 43:15A-96 - Reduced premiums in lieu of brokerage commissions
Universal Citation:
NJ Rev Stat § 43:15A-96 (2021)
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43:15A-96. Reduced premiums in lieu of brokerage commissions
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.1955, c. 214, p. 834, s. 9. Amended by L.1960, c. 79, p. 557, s. 8.
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