N.J. Admin. Code § 8:57-8.5

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

Section 8:57-8.5 - Penalties

(a) Carriers authorized to transact an insurance business in this State pursuant to Title 17 or Title 17B of the New Jersey Statutes that fail to comply with this subchapter shall be subject to penalties or fines available under those statutes, as specified by the Commissioner of Banking and Insurance.

(b) Carriers authorized to transact business in this State pursuant to 26:2J-1 et seq. that fail to comply with this subchapter shall be subject to penalties or fines available under 26:2J-1 et seq., or as are otherwise available under the laws of this State.

Recodified from N.J.A.C. 8:57-8.4 by R.2009 d.107, effective 4/6/2009.
See: 40 N.J.R. 1962(a), 41 N.J.R. 1419(a).