{"data":{"id":"us-nj/n.j.-stat.-17-29aa-2","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:29AA-2","heading":"Purposes","body":"The purposes of this act are:\na.  To encourage independent action by price competition among insurers in the writing of commercial lines insurance;\nb.  To prevent practices that tend to bring about monopoly or to lessen or destroy competition;  and\nc.  To encourage the most efficient and economic rating and marketing practices.\nL.1982, c. 114, s. 2.","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":"227d734d4a31d2f2387826c6fe327b25c711d4a1b2804d274c6e93ccfc514887","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-29aa-1","next":"us-nj/n.j.-stat.-17-29aa-3"},"notice":"GroundRules: Original legal text. Not legal advice."}