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17:46B-24. Investments acquired before effective date
New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
...
17
:
46B-24
.
Investments
acquired
before
effective
date
17
:
46B-24
.
Investments
acquired
before
effective
date
Any investment of a title insurance company lawfully
acquired
before
the
effective
date
of this act and which but for this section would be considered ineligible as an investment on such
effective
date
shall be disposed of within 5 years from such
effective
date
. The commissioner, upon application and proof that forced sale of any such investment would be contrary to the best interests of the title insurance company...
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