N.J.S.A. 17:18-15 — Allocation of reserve of fees and premiums

17:18-15. Allocation of reserve of fees and premiums In cases where a title insurance company of this State or of another State or foreign country doing business in this State under paragraph "h" of s. 17:17-1 of this Title issues its title insurance policy upon the examination and certification of title of another such company, the reserve required under section six of this act above shall be allocated between the companies upon the basis of the amount of the total fee and premium retained by each, respectively. L.1938, c. 289, p. 625, s. 8.

This is the verbatim text of N.J.S.A. 17:18-15, 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.