N.J.S.A. 17:32-16

Remedial legislation; liberal construction

17:32-16. Remedial legislation; liberal construction This act is deemed and declared to be remedial legislation for the protection of the health and welfare of persons resident in this State by subjecting nonadmitted insurers which solicit, insure, or cause to be solicited such resident persons to the laws which govern all foreign insurers which do business in the State of New Jersey. This act shall be liberally construed to effectuate its purpose and intent. L.1968, c. 234, s. 1, eff. July 31, 1968.

External source: View on Justia →

This is the verbatim text of N.J.S.A. 17:32-16, 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.