N.J. Admin. Code § 11:2-3.16

Current through Register Vol. 56, No. 24, December 18, 2024

Section 11:2-3.16 - Disapproval by Commissioner

(a) The Commissioner may disapprove any form filed with him pursuant to the provisions of N.J.A.C. 11:2-3.1 4 and 3.15 for the following reasons:

1. The benefits provided are not reasonable in relation to the premium charge; or

2. It contains provisions which are unjust, unfair, inequitable, misleading, deceptive, or which encourage misrepresentation.

(b) The issuance or use by an insurer of any form so disapproved is unlawful.

N.J. Admin. Code § 11:2-3.16

Amended by R.1996 d.3, effective 1/2/1996.
See: 27 N.J.R. 3278(b), 28 N.J.R. 152(b).
Recodified from 11:2-3.11 and amended by R.1996 d.206, effective 5/20/1996.
See: 27 N.J.R. 3676(a), 28 N.J.R. 2621(a).
Former section, "Issuance of policies", recodified to 11:2-3.22.