Validity of contracts procured from unauthorized insurers
17:22-6.53. Validity of contracts procured from unauthorized insurers
Insurance contracts procured as "surplus lines" coverages from unauthorized insurers in accordance with this law shall be fully valid and enforceable as to all parties.
L.1960, c. 32, p. 116, s. 19.
This is the verbatim text of N.J.S.A. 17:22-6.53, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. KyzerLex is not a law firm and this page is not legal advice.