N.J.S.A. 17:48F-20

Maintenance of insurance to cover insolvency.

17:48F-20 Maintenance of insurance to cover insolvency. 20. The commissioner may require, in connection with the plan for insolvency required pursuant to subsection p. of section 3 of this act, that a prepaid prescription service organization maintain insurance to cover the expenses to be paid for continued benefits following a determination of insolvency, or make other arrangements to ensure that benefits are continued for the period determined in the insolvency plan. L.1997,c.380,s.20.

External source: View on Justia →

This is the verbatim text of N.J.S.A. 17:48F-20, 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.

N.J.S.A. 17:48F-20 — Maintenance of insurance to cover insolvency. | Kyzer