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

    Chapter 30C:

      Section: 17:30C-3: Exclusive remedy--appeal

           Delinquency proceedings pursuant to this act shall constitute the sole and exclusive method of liquidating, rehabilitating, reorganizing or conserving an insurer, and no court shall entertain a petition for the commencement of such proceedings, or any other similar procedure, unless the same has been instituted by the commissioner.

L.1975, c. 113, s. 3, eff. June 3, 1975.



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






Older versions of 17:30C-3 (if available):



Court decisions that cite this statute: CLICK HERE.