N.J.S.A. 17B:18-18 — Choosing of directors for mutual life insurers having in excess of ten million policies in force

17B:18-18. Choosing of directors for mutual life insurers having in excess of ten million policies in force The directors of any mutual insurer of this State heretofore or hereafter incorporated pursuant to the provisions of the laws of this State which now or hereafter shall have in excess of ten million life insurance policies of the insurer in force as set forth in any annual statement of such insurer filed with the commissioner shall be of the number and shall be chosen in the manner set forth in sections 17B:18-19 to 17B:18-28, inclusive, any provision of law or of the certificate of incorporation or charter of such corporation to the contrary notwithstanding. L.1971, c. 144, s. 17B:18-18.

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