{"data":{"id":"us-nj/n.j.-stat.-17-27b-1","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:27B-1","heading":"Definitions","body":"As used in this act,\n(1)  \"Domestic insurer\"  means a stock insurance company organized under the  laws of this State;\n(2)  \"Parent corporation\"  means a corporation organized for any purpose under any law of this State or any other jurisdiction, which owns directly or indirectly at least 95% of the aggregate issued and outstanding shares of all classes of voting stock of a domestic insurer;\n(3)  \"Subsidiary insurer\"  means a domestic insurer so owned by a parent corporation;  and\n(4)  \"Commissioner\"  means the Commissioner of Insurance of New Jersey.\nL.1971, c. 132, s. 1, eff. May 6, 1971.","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":"4c38a7458e48cf9c515178e5d8c6e9ab7656872a4a3a6de8a14618d3a02eece5","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-27a-14","next":"us-nj/n.j.-stat.-17-27b-2"},"notice":"GroundRules: Original legal text. Not legal advice."}