State Codes and Statutes
Statutes > New-jersey > Title-17 > Section-17-29aa > 17-29aa-217:29AA-2. Purposes
The purposes of this act are:
a. To encourage independent action by price competition among insurers in the writing of commercial lines insurance;
b. To prevent practices that tend to bring about monopoly or to lessen or destroy competition; and
c. To encourage the most efficient and economic rating and marketing practices.
L.1982, c. 114, s. 2.
