New Jersey Revised Statutes § 17:30c-3 - Exclusive Remedy--appeal

17:30C-3. Exclusive remedy--appeal
Delinquency proceedings pursuant to this act shall constitute the sole and exclusive method of liquidating, rehabilitating, reorganizing or conserving an insurer, and no court shall entertain a petition for the commencement of such proceedings, or any other similar procedure, unless the same has been instituted by the commissioner.

L.1975, c. 113, s. 3, eff. June 3, 1975.

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Last modified: October 11, 2016