New Jersey Statutes 17:30C-10. Order of liquidation-alien insurers
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Terms Used In New Jersey Statutes 17:30C-10
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
An order to liquidate the business of a United States branch of an alien insurer having trusteed assets in this State shall be in the same terms as those prescribed for domestic insurers, save and except only that the assets of the business of such United States branch shall be the only assets included therein.
L.1975, c. 113, s. 10, eff. June 3, 1975.