N.J. Admin. Code § 11:20-2.15

Current through Register Vol. 56, No. 11, June 3, 2024

Section 11:20-2.15 - Penalties/adjustments and dispute resolutions

(a) A member seeking to challenge the amount of an assessment must do so within 20 days of receiving the notice of the assessment pursuant to the procedures for appeals set forth at 11:20-20.2.

(b) If the Board determines that the nature or extent of errors or conduct by a member evidence activity for which penalties or sanctions are appropriate, the Board shall refer the matter to the Commissioner, Attorney General, and/or other appropriate enforcement agency, for appropriate action including the assessment of any penalties and sanctions as provided by the Act, as well as any other penalties permitted by law. Nothing herein shall be construed to limit the authority of the Commissioner, the Attorney General or any law enforcement agency to take appropriate regulatory or enforcement action with respect to violations of law and regulations.

Amended by R.1998 d.443, effective 8/7/1998.
See: 30 New Jersey Register 2581(a), 30 New Jersey Register 3289(a).
Rewrote (a); deleted former (b) through (d); and recodified former (e) as (b).
Amended by R.2006 d.15, effective 1/3/2006.
See: 37 New Jersey Register 2994(a), 38 New Jersey Register 311(a). In (b), inserted "any" following "the assessment of" in the first sentence.