17:46B-41 - General provisions
17:46B-41.Ā General provisions
The purposes of sections 41 to 52, inclusive, of this act are to promote theĀ public welfare by regulating title insurance rates to the end that they shallĀ not be excessive, inadequate or unfairly discriminatory and to authorizeĀ cooperative action between or among title insurance companies in rate makingĀ and other matters within the scope of said sections.Ā Nothing herein isĀ intended to prohibit or discourage reasonable competition, or to require,Ā prohibit or discourage, except to the extent necessary to accomplish theĀ purposes stated above, uniformity in title insurance rates, rating systems andĀ rating plans and practices.Ā The provisions of sections 41 to 52, inclusive,Ā shall be liberally interpreted to make effective the purposes thereof asĀ outlined in this section.
L.1975, c. 106, s. 40, eff. May 29, 1975.
Ā
The purposes of sections 41 to 52, inclusive, of this act are to promote theĀ public welfare by regulating title insurance rates to the end that they shallĀ not be excessive, inadequate or unfairly discriminatory and to authorizeĀ cooperative action between or among title insurance companies in rate makingĀ and other matters within the scope of said sections.Ā Nothing herein isĀ intended to prohibit or discourage reasonable competition, or to require,Ā prohibit or discourage, except to the extent necessary to accomplish theĀ purposes stated above, uniformity in title insurance rates, rating systems andĀ rating plans and practices.Ā The provisions of sections 41 to 52, inclusive,Ā shall be liberally interpreted to make effective the purposes thereof asĀ outlined in this section.
L.1975, c. 106, s. 40, eff. May 29, 1975.
Ā