N.J.S.A 17:33B-11. Market Transition Facility

17:33B-11. Market Transition Facility

88. a. There is created a Market Transition Facility to be operated by the Commissioner of Insurance pursuant to the provisions of this section. Every insurer authorized to transact automobile insurance in this State shall be a member of the facility and shall share in its profits and losses as provided by the commissioner pursuant to the provisions of subsection d. of this section.

b. (Deleted by amendment, P.L.1994, c.57.)

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Original Text maintained by the State of New Jersey:

NJ Maintained Unanotated Statutes References to 17:33B-11. Market Transition Facility

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