N.J.S.A 17:36-5.16. Binders

17:36-5.16. Binders

Binders or other contracts for temporary insurance may be made orally for a period which shall not exceed ten days or in writing for a period which shall not exceed 60 days and shall be deemed to include all the terms and conditions of a fire insurance policy as specified by this law and all such applicable endorsements filed with the Commissioner of Banking and Insurance as may be designated in such contract of temporary insurance, except that the cancellation clause and the clause specifying the hour of the day at which the insurance shall commence may be superseded by the express terms of such contracts of temporary insurance.

L.1954, C.268, p. 988, s.2.

Case(s):

Look up case for New Jersey Statute 17:36-5.16. Binders

Original Text maintained by the State of New Jersey:

NJ Maintained Unanotated Statutes References to 17:36-5.16. Binders

Previous: 17:36-5.15. Required statements in policy; copy to be filed with commissioner Next: 17:36-5.17. Combination form of fire policy; required provisions

Disclaimer: Always check for the most up to date language of a statute. Every time a new law is enacted it has a possibility of changing the wording of a statute or override case law. These pages were created to assist in looking up and migrating between statutes easily. No accuracy is guaranteed. If you need help with researching law, contact an attorney.

Related Posts

Leave a Reply