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17:48D-7. Special contingent surplus for organizations using more than 20 full-time dentists
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
:
48D-7
.
Special
contingent
surplus
for
organizations
using
more
than
20
full
-
time
dentists
17
:
48D-7
.
Special
contingent
surplus
for
organizations
using
more
than
20
full
-
time
dentists
A dental plan organization utilizing in the aggregate the services of
more
than
20
full
-
time
equivalent
dentists
shall accumulate and maintain a
special
contingent
surplus
in excess of its assets over liabilities at the rate of 2% annually of its net contract and certificate income until the
surplus
totals $100,000.00. L.1979, c. 478, s. 7....
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