{"data":{"id":"us-nj/n.j.-stat.-17-24-9","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:24-9","heading":"Investment of surplus in stock of certain companies","body":"Any company, other than a life insurance company, organized and authorized to transact business under chapters 17 to 33 of this title (s. 17:17-1 et seq.),  may also invest not exceeding twenty-five per cent of its surplus in the common  stock of any nondividend-paying insurance company or companies organized in and  authorized to transact business in this state.","path":["TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE \t\t\tAND INSURANCE"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"0b43a8f7464310ae5e8106e565346e2db818ef926f67efb12002c5fcdbce8ac4","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-24-8","next":"us-nj/n.j.-stat.-17-24-10"},"notice":"GroundRules: Original legal text. Not legal advice."}