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

    Chapter 33b:

      Section: 17:33b-21: Penalties for violation

           If the commissioner determines that any person has violated any provision of sections 26 through 30 of this 1990 amendatory and supplementary act, he may impose a civil penalty in an amount of up to $2,000 for the first violation and up to $5,000 for the second and each subsequent violation, collectible in an action brought in the name of the commissioner pursuant to the provisions of "the penalty enforcement law," N.J.S.2A:58-1 et seq. For the purposes of this section, each declination shall be deemed to constitute a separate violation.

L.1990,c.8,s.33.



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






Older versions of 17:33b-21 (if available):



Court decisions that cite this statute: CLICK HERE.