Section 17:18-14 - Title insurance companies; loss reserve

NJ Rev Stat § 17:18-14 (2019) (N/A)
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17:18-14. Title insurance companies; loss reserve

In addition to the reserves hereinabove required by section six of this act, every such company shall set up and maintain a loss reserve at least equal to the aggregate estimated amounts due or to become due on account of all unpaid losses and claims upon title insurance policies of which the company has received notice.

L.1938, c. 289, p. 625, s. 7.