{"data":{"id":"us-nj/n.j.-stat.-17-47-8","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:47-8","heading":"Exposure to loss limited","body":"No association of underwriters authorized hereunder to do business in this state shall expose themselves to loss on any one risk in excess of ten per cent  of their net cash and invested assets and of the underwriting liability of the  individual underwriters.  So much, however, of any risk as shall be reinsured  in an association of underwriters or insurance corporation lawfully transacting  business in this state, shall not be considered part of the risk.","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":"06bdddf957012d9e7cd686413594946894a795a4f8d74f61f4c1134d371318aa","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-47-7","next":"us-nj/n.j.-stat.-17-47-9"},"notice":"GroundRules: Original legal text. Not legal advice."}