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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

    Chapter 48e:

      Section: 17:48e-53: Issuance of subsequent order.

          
5. The order of the commissioner issued pursuant to section 4 of this act shall not take effect unless the commissioner issues a subsequent order finding that:

a. the Superior Court has entered an order pursuant to subsection f. of section 19 of this act approving the establishment of the foundation; and

b. the Superior Court has not imposed any terms or conditions that are materially inconsistent with the order of the commissioner issued pursuant to section 4 of this act.

L.2001,c.131,s.5.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 17:48e-53 (if available):



Court decisions that cite this statute: CLICK HERE.