Purposes
Known as the New Jersey Automobile Full Insurance Availability Act
The act spans §§ 17:10B-1 to 17:9A-99 (3,637 sections).
L.1982, c. 114, s. 2.
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.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.