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New Jersey Statutes, Title: 17, CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Chapter 16h:
Section: 17:16h-4: Cease and desist order; notice and hearing; penalty for failure to comply
The commissioner may, after notice and opportunity for a hearing, order any financial institution to cease and desist from violations of this act. Any financial institution which fails to comply with an order of the commissioner shall be subject to a penalty not to exceed $500.00 for each violation. Any penalty imposed by the commissioner shall be enforced and collected pursuant to the penalty enforcement law (N.J.S. 2A:58-1 et seq.).
L.1979, c. 193, s. 4, eff. Sept. 13, 1979.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 17:16h-4 (if available):
Court decisions that cite this statute:
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