{"data":{"id":"us-nj/n.j.-stat.-26-2h-90","jurisdiction":"us-nj","citation":"N.J. Stat. § 26:2H-90","heading":"Cash reserves, demonstration.","body":"3.\tA PACE or Pre-PACE program shall, at the time of entering into the initial contract and at each renewal thereof, demonstrate cash reserves to cover expenses in the event of insolvency.\na.\tThe cash reserves, at a minimum, shall equal the sum of:\n(1)\tOne month's total capitation revenue; and\n(2)\tOne month's average payment to subcontractors.\nb.\tThe program may demonstrate cash reserves to cover expenses of insolvency with one or more of the following: reasonable and sufficient net worth, insolvency insurance, letters of credit or parental guarantees.\nL.1997,c.296,s.3.","path":["TITLE 26 HEALTH AND VITAL STATISTICS"],"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":"ba7b18b3a5ded2459d2a3f391132c55ecd001d7435229f29e96ef951c5262b55","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-26-2h-89","next":"us-nj/n.j.-stat.-26-2h-91"},"notice":"GroundRules: Original legal text. Not legal advice."}