New Jersey Statutes 17:32-16. Remedial legislation; liberal construction
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Terms Used In New Jersey Statutes 17:32-16
- 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
This act is deemed and declared to be remedial legislation for the protection of the health and welfare of persons resident in this State by subjecting nonadmitted insurers which solicit, insure, or cause to be solicited such resident persons to the laws which govern all foreign insurers which do business in the State of New Jersey. This act shall be liberally construed to effectuate its purpose and intent.
L.1968, c. 234, s. 1, eff. July 31, 1968.