New Jersey Statutes
§ 17:47-11 — Revocation or suspension of certificate of authority
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
The certificate of authority issued hereunder to any association of underwriters may be revoked or suspended if it violates or neglects to comply with any provision of law obligatory upon it, or when its net cash or invested funds are reduced below the minimum specified in paragraph "h" of section 17:47-3 of this title.
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Nearby Sections
15
§ 17:47-1
Insurance on Lloyds plan authorized§ 17:47-12
Penalty for violations§ 17:47-13
Exception to application of chapter§ 17:47-2
Classes of risks§ 17:47-3
Declaration filed with commissioner§ 17:47-7
Return of deposits§ 17:47-8
Exposure to loss limited§ 17:47-9
Certain other laws applicable§ 17:47A-10
License as insurance producer required§ 17:47A-11
Fines, penalties