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New Jersey Statutes, Title: 17B, INSURANCE
Chapter 27b:
Section: 17B:27b-18: Approval of applications for certification.
18. The commissioner may approve an application for certification as a third party billing service if he finds that the applicant meets the standards established by this act, including, but not limited to, the following:
a. all of the material required by this act or by the commissioner have been filed;
b. the persons responsible for conducting the applicant's affairs are competent, trustworthy and possess good reputations, and have appropriate experience, training and education;
c. the applicant has demonstrated the ability to ensure that its services will be performed in a manner which will result in the efficient operation of its business, including, if the applicant accepts payments from benefits payers on behalf of its clients, appropriate financial controls;
d. the standard contract forms to be used by the applicant are acceptable; and
e. the applicant has adequate arrangements for complying with the provisions of P.L.1999, c.154 (C.17B:30-23 et al.).
L.2001,c.267,s.18.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17b:27b-18 (if available):
Court decisions that cite this statute:
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