New Jersey Revised Statutes § 17:29aa-2 - Purposes

17:29AA-2. Purposes
The purposes of this act are:

a. To encourage independent action by price competition among insurers in the writing of commercial lines insurance;

b. To prevent practices that tend to bring about monopoly or to lessen or destroy competition; and

c. To encourage the most efficient and economic rating and marketing practices.

L.1982, c. 114, s. 2.

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Last modified: October 11, 2016