N.J.S.A. 17:17A-2

Interlocking directorate

17:17A-2. Interlocking directorate Any person otherwise qualified may be a director of two or more insurers having a common management but no such interlocking directorate shall be used as a means of substantially lessening competition generally in the business or of creating a monopoly therein. L.1948, c. 157, p. 893, s. 2.

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This is the verbatim text of N.J.S.A. 17:17A-2, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.