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New Jersey Corporations And Institutions For Finance And Insurance Laws
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- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-1. Department of Banking and Insurance reconstituted
17:1-1. The Department of Banking and Insurance, hereinafter in Title 17 of the Revised Statutes and Title 17B of the New Jersey Statutes ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-1.1. Short title
This act shall be known as, and may be cited as, the "Department of Banking and Insurance Act of 1948." L.1948, c. ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-1.2. Effective date
This act shall take effect on the first day of July, one thousand nine hundred and forty-eight, except that any appointment, and any confirmation ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-2. Commissioner of Banking and Insurance, appointment, salary; interests prohibited to commissioner, officers, employees
17:1-2. a. The head of the reconstituted department, to be denominated the Commissioner of Banking and Insurance and hereinafter in Title 17 of ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-3.1. New Jersey Real Estate Commission
3. There shall be within the Department of Banking and Insurance a division which shall be known as the division of the New Jersey Real ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-5. Seal of office; certificates under seal as evidence
The seal of office of the commissioner, filed in the department of state, shall continue as the seal of such office. Every certificate, assignment, conveyance ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-8. Fees; disposition
17:1-8. The commissioner shall charge for a license and for all services performed by the department the fees provided in Title 17 of ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-8.1. Rules, regulations
1. The commissioner may, in accordance with the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), promulgate ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-13. Short title
1. This act shall be known and may be cited as the "Department of Banking and Insurance Act of 1996." L.1996,c. ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-14. Appointments of deputy, assistant commissioners, organization; divisions
4. a. The commissioner may appoint such deputy commissioners and assistant commissioners as the commissioner shall deem necessary, to serve at the pleasure of the ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-15. Duties, authority of commissioner
6. The commissioner, as administrator and chief executive office of the department, shall: a. Administer the work of the department; b. Appoint and remove officers ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-16. Examination of persons, subpoena of witnesses, documents
7. For the purpose of effectuating the powers and duties of the department and the commissioner, the commissioner may cause to be examined under oath ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-17. Transfer of appropriations, moneys
9. All appropriations and other moneys available and to become available to any department, division, bureau, board, commission, or other entity or agency, the functions, ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-18. Assignment, transfer of employees
10. Employees of any department, division, bureau, board, commission or other agency or entity, the functions, powers and duties of which have been assigned or ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-19. Tenure, rights preserved
11. Nothing in this 1996 amendatory and supplementary act shall be construed to deprive any person of any tenure rights or of any right or ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-20. Transfer of property
12. All files, books, papers, records, information management systems, equipment and other property of any department, division, bureau, commission, board, or other agency or entity, ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-21. References to department, commissioner
13. With respect to the functions, powers and duties continued in the Department of Banking and Insurance by this 1996 amendatory and supplementary act, whenever ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-22. Existing orders, rules, regulations not affected
14. This 1996 amendatory and supplementary act shall not affect the orders, rules, regulations, bulletins, plans of operation, contracts, settlement or consent agreements, or stipulations ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-23. Actions, proceedings not affected
15. This 1996 amendatory and supplementary act shall not affect actions or proceedings, civil or criminal, brought by or against the Commissioners of Banking and ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-24. Department of Banking and Insurance Study Commission
16. a. There shall be established the Department of Banking and Insurance Study Commission whose purpose shall be to examine the effects of the merger ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-25 Findings, declarations relative to enforcement powers of Department of Banking and Insurance.
1. The Legislature finds and declares that: a. Financial institutions increasingly influence and affect the lives and livelihood of consumers in this State to such ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-26 Definitions relative to enforcement powers of Department of Banking and Insurance.
2. As used in this act, and except as otherwise expressly provided in this act: "Bank" means a bank as defined in subsection ( ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-27 Prohibited actions.
3. No bank, savings bank, State association, or any officer, director, employee, or major shareholder thereof, shall: a. Fail to comply with an order or ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1-28 Enforcement of, penalties for violations under C.17:1-27.
4. a. In addition to any other penalty provided by law, if the commissioner determines that a bank, savings bank, State association, or any officer, ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-6.1. Training program for volunteers
4. The Department of Insurance, in conjunction with the Division on Aging, shall develop a training program for volunteers in the Senior Health Insurance Counseling ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-19. Findings, declarations relative to the Department's expenses
1. a. The Legislature finds and declares that: (1) The Department of Insurance has a statutory obligation to protect the interests of New Jersey's ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-20. Certification of expenses incurred, apportionment
2. a. The Director of the Division of Budget and Accounting in the Department of the Treasury shall, on or before August 15 in each ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-20.1. Distribution of special purpose apportionment
2. Notwithstanding the provisions of any law to the contrary, the Commissioner of Banking and Insurance shall take that action necessary to ensure that policyholders ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-21. Filing of objections to apportionment
3. Within 15 days after the date of mailing a statement of special purpose apportionment as provided in this act, a company may file its ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-22. Commissioner's findings, notice
4. If upon receiving the objections, or after the hearing, the commissioner finds any part of the special purpose apportionment against the objecting company excessive, ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-23. Notice of delinquency
5. If a statement of special purpose apportionment against which objections are filed is not paid in full within 30 days after the date of ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-24. Action for recovery
6. No action for recovery of an amount paid under this act shall be maintained in any court unless objections have been filed with the ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-25. No action, proceeding maintained in court for delaying collection, payment
7. No action or proceeding shall be maintained in any court for the purpose of restraining or delaying the collection or payment of a statement ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-26. Procedure exclusive
8. The procedure provided in this act for determining the lawfulness of statements of special purpose apportionment and the recovery of payments made pursuant to ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-27. Failure, refusal to pay, notice to Treasurer
9. If any company to which a statement of special purpose apportionment as provided in this act has been mailed fails or refuses to pay ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-28. Collection of amount due
10. Within 10 days after receipt of the notice and certified copy of the statement of special purpose apportionment, the State Treasurer shall proceed to ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-29. Additional remedy
11. As an additional remedy, the State Treasurer may issue a certificate to the Clerk of the Superior Court, that a company is indebted under ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-30. Exemption from fees, charges
12. a. Notwithstanding any law or regulation to the contrary, a company paying the amounts apportioned to it in statements of special purpose apportionment made ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-31. Permitted increase in amount assessable
13. Commencing with fiscal year 1999 and in each fiscal year thereafter, the total amount assessable to companies in any fiscal year for all special ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-32. Rules, regulations
14. The State Treasurer and the Commissioner of Insurance may adopt rules and regulations, pursuant to the "Administrative Procedure Act," P.L.1968, ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-33 Findings, declarations relative to funding mechanism for Division of Banking.
1. a. The Legislature finds and declares that: (1) The Division of Banking has a statutory obligation to protect the interests of New Jersey's ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-34 Definitions relative to funding mechanism for Division of Banking.
2. For the purposes of this act: "Assessment" means the assessment imposed pursuant to section 3 of this act for the special functions ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-35 Certification of expenses incurred for administration of special administration of functions of Division of Banking; assessments.
3. a. The Director of the Division of Budget and Accounting in the Department of the Treasury shall, on or before August 15 in each ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-36 Objections to assessment, hearing.
4. Within 15 days after the date of mailing a statement of the assessment as provided in this act, a regulated entity may file its ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-37 Transmission of findings to objector.
5. If upon receiving the objections, or after the hearing, the commissioner finds any part of the assessment against the objecting regulated entity excessive, erroneous, ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-38 Notice of delinquency, collection.
6. If a statement of the assessment against which objections are filed is not paid in full within 30 days after the date of mailing ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-39 Action for recovery.
7. No action for recovery of an amount paid under this act shall be maintained in any court unless objections have been filed with the ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-40 Action, proceeding.
8. No action or proceeding shall be maintained in any court for the purpose of restraining or delaying the collection or payment of a statement ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-41 Exclusive procedure under act.
9. The procedure provided in this act for determining the lawfulness of statements of the assessment and the recovery of payments made pursuant to those ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-42 Failure, refusal to pay, notice to Treasurer.
10. If any regulated entity to which a statement of the assessment as provided in this act has been mailed fails or refuses to pay ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-43 Procedure for collection.
11. Within 10 days after receipt of the notice and certified copy of the statement of the assessment, the State Treasurer shall proceed to collect ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-44 Additional remedies.
12. As an additional remedy, the State Treasurer may issue a certificate to the Clerk of the Superior Court, that a regulated entity is indebted ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-45 Exemption from fees, charges; exceptions.
13. a. Notwithstanding any law or regulation to the contrary, a regulated entity paying the amounts assessed to it in statements of the assessment made ...
- New Jersey Corporations And Institutions For Finance And Insurance Laws Section 17:1C-46 Rules, regulations; contents.
14. a. The State Treasurer and the commissioner may adopt rules and regulations, pursuant to the "Administrative Procedure Act," P.L.1968, c. ...
Last modified: October 21, 2006
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