Section 17:22E-17 - Binding authority for retrocessional contracts, reinsurance syndicates

NJ Rev Stat § 17:22E-17 (2019) (N/A)
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17:22E-17. Binding authority for retrocessional contracts, reinsurance syndicates

17. Binding authority for all retrocessional contracts or participation in reinsurance syndicates shall rest with an officer of the reinsurer who shall not be affiliated with the reinsurance intermediary-manager.

L.1993,c.244,s.17.