National emergency; relocation of principal place of business

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17B:18-34. National emergency; relocation of principal place of business

At any time the board of directors of a domestic insurer may, by resolution, provide that in the event of such a national emergency the home office or principal place of business of the company shall be at such location in the United States of America as is named or described in the resolution. Such resolution may provide for alternate locations and establish an order of preference.

L.1971, c. 144, s. 17B:18-34.


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