New Jersey § 40a:10-38
Full text of New Jersey New Jersey Statutes § 40a:10-38, with citation guidance and answers to common questions.
§ 40a:10-38.
The bylaws of a joint insurance fund may include procedures to recognize and pay commissions
or fees to insurance producers appointed by the fund, if any, or producers appointed
by the member local units, if any, to advise the member local units on insurance related
matters and to provide other related services to member local units as specified in
the bylaws. The commissioners of a joint insurance fund shall file with the commissioner a description
of any producer arrangement plan by which producers, who shall be licensed pursuant
to P.L.1987, c.293 ( C.17:22A-1 et seq. ), represent member local units in their dealings with the joint insurance fund. The description shall include, but not be limited to, copies of all producer contracts,
which shall include a description of the producers' obligations, responsibilities
and compensation; duration of contracts; and an indication whether the contracts
are subject to renewal. Whenever a joint insurance fund or member local unit employs a producer to perform
risk assessment or risk management, the commissioners of the joint insurance fund
shall file with the Commissioner of Insurance a copy of the producer contract for
review by the commissioner.
Frequently Asked Questions About New Jersey § 40a:10-38
What does New Jersey Statutes § 40a:10-38 cover?
Section 40a:10-38 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 40a:10-38?
A common citation format is "New Jersey Statutes § 40a:10-38" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 40a:10-38 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.