17:17A-2 - Interlocking directorate
17:17A-2. Interlocking directorate
Any person otherwise qualified may be a director of two or more insurers having a common management but no such interlocking directorate shall be used as a means of substantially lessening competition generally in the business or of creating a monopoly therein.
L.1948, c. 157, p. 893, s. 2.