Section 17:45-23 - Minimum assets

NJ Rev Stat § 17:45-23 (2019) (N/A)
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17:45-23. Minimum assets

Every such mutual benefit association shall have, and maintain, assets of a market value, in the opinion of the Commissioner of Banking and Insurance of this State, of not less than three hundred thousand dollars ($300,000.00).

L.1948, c. 467, p. 1913, s. 2.