N.J. Stat. § 17:37-10

Current through L. 2024, c. 87.
Section 17:37-10 - Tenure of directors of certain companies; cash payments

Any mutual fire insurance company of this state organized by special act prior to the year one thousand eight hundred and seventy-five may, if deemed for its best interests, elect its directors for three-year terms. The company may, also, accept cash payments for premiums, or any portion thereof.

N.J.S. § 17:37-10