New Jersey § 17:12B-57 Submission of pension plan for approval of commissioner

New Jersey Statutes

§ 17:12B-57 — Submission of pension plan for approval of commissioner

New Jersey § 17:12B-57

Title 17CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE

This text of New Jersey § 17:12B-57 (Submission of pension plan for approval of commissioner) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 17:12B-57 (2026).

Text

Every pension plan adopted or altered for a State association shall before it is placed in operation, be submitted to the commissioner for his approval. The commissioner shall approve such plan or alterations thereof unless he shall find:

(a)it does not conform to law, or (b) its adoption or alteration would be hazardous to the State association, or (c) its provisions are unfair or inequitable. L.1963, c. 144, s. 57.

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Every pension plan adopted or altered for a State association shall before it is placed in operation, be submitted to the commissioner for his approval. The commissioner shall approve such plan or alterations thereof unless he shall find: (a) it does not conform to law, or (b) its adoption or alteration would be hazardous to the State association, or (c) its provisions are unfair or inequitable. L.1963, c. 144, s. 57.