N.J.S.A 17:45A-6. Date of existence as mutual life insurance company; effect

17:45A-6. Date of existence as mutual life insurance company; effect

From and after the date of the issuance of the certificate of authority, the association shall be a mutual life insurance company, vested with all the powers and privileges of a mutual life insurance company, and subject to all provisions of law applicable to such companies, in the same manner and with the same effect as if the converted association had originally been incorporated as a mutual life insurance company on the date of the issuance of the certificate of authority, and the members of such association shall become and be members of the mutual life insurance company.

L.1955, C.230, p. 891, s.6.

Case(s):

Look up case for New Jersey Statute 17:45A-6. Date of existence as mutual life insurance company; effect

Original Text maintained by the State of New Jersey:

NJ Maintained Unanotated Statutes References to 17:45A-6. Date of existence as mutual life insurance company; effect

Previous: 17:45A-5. Issuance of certificate of authority upon certain findings by commissioner Next: 17:45A-7. Rights against association not affected by conversion; exception

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