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New Jersey Statutes, Title: 17B, INSURANCE

    Chapter 30: Declaration of purpose

      Section: 17B:30-20: Violation of cease and desist order; penalty

           Any person who violates a cease and desist order of the commissioner issued under this chapter shall be liable to a penalty not exceeding $5,000.00 for each violation, to be collected by the commissioner in the name of the State in a summary proceeding in accordance with the Penalty Enforcement Law (N.J.S. 2A:58-1 et seq.). The commissioner in his discretion may revoke or suspend the license or certificate of authority of any such person.

L.1971, c. 144, s. 17B:30-20. Amended by L.1981, c. 452, s. 2, eff. Jan. 11, 1982.



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






Older versions of 17b:30-20 (if available):



Court decisions that cite this statute: CLICK HERE.