NJ DOBI Bulletin 2003-07

Adoption of NJAC 11:1-25.4 Governing Designation of Recipient for Service of Process

Year: 2003Length: 253 wordsOfficial source
State of New Jersey State of New Jersey DEPARTMENT OF BANKING AND INSURANCE PO BOX 325 TRENTON, NJ 08625-0325 Tel (609) 292-5360 Visit us on the Web at www.njdobi.org New Jersey is an Equal Opportunity Employer • Printed on Recycled Paper and Recyclable JAMES E. MCGREEVEY Governor HOLLY C. BAKKE Commissioner BULLETIN NO. 03-07 TO: ALL ADMITTED FOREIGN INSURERS FROM: HOLLY C. BAKKE, COMMISSIONER RE: ADOPTION OF N.J.A.C. 11:1-25.4 GOVERNING DESIGNATION OF RECIPIENT FOR SERVICE OF PROCESS This Bulletin is to inform all foreign insurers of the adoption of N.J.A.C. 11:1-25.4 governing the designation by such insurers of a recipient for service of process pursuant to N.J.S.A 17:32-2 and N.J.S.A. 17B:23-2c. The notice of adoption was published in the New Jersey Register on April 7, 2003 (see 35 N.J.R.1547). Please be advised that the Department has replaced the designation form previously posted on its web-site with the “NAIC Uniform Consent to Service of Process” (copy attached). Company designations previously accepted for filing will continue in force. However, all new designations, and all future changes to designations previously filed, must be filed through submission of the NAIC form completed in its entirety. Non-conforming submissions will not be accepted for filing. The complete text of the adopted rules may be viewed on the Department’s web-site at www.njdobi.org (From the home-page, click on “Bulletins, Rules, Notices”). Copies of the “NAIC Uniform Consent to Service of Process” form can be downloaded from the web-site as well. _4/10/03 ___/s/ Holly C. Bakke Date Holly C. Bakke Commissioner ROG03-07/INORD
NJ DOBI Bulletin 2003-07: Adoption of NJAC 11:1-25.4 Governing Designation of Recipient for Service of Process | Justis AI