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

    Chapter 15a:

      Section: 17:15a-34: Approval of application

           5. The commissioner shall approve an application for a license if:



a. The applicant has complied with the requirements of section 4 of this act;

b. The commissioner finds that the financial responsibility, experience, character, and general fitness of the applicant support the belief that the business will be operated honestly and fairly; and

c. The commissioner finds that none of the grounds for revoking or suspending a license set forth in section 19 of this act exist.

L.1993,c.383,s.5.




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






Older versions of 17:15a-34 (if available):



Court decisions that cite this statute: CLICK HERE.