New Jersey Statutes
§ 17:48F-26 — Violations; penalties.
New Jersey·Title 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
26.
a.The commissioner may, upon notice and hearing, levy an administrative penalty in an amount not less than $1,000 nor more than $30,000 for each violation, per contract or enrollee. Penalties imposed by the commissioner pursuant to this section may be in lieu of, or in addition to, suspension or revocation of a certificate of authority pursuant to this act. A penalty may be recovered in a summary proceeding pursuant to "the penalty enforcement law," N.J.S.2A:58-1 et seq.
b.If the commissioner believes that any violation of this act has occurred or is threatened, the commissioner may give notice to the prepaid prescription service organization, its representatives, or any other persons who appear to be involved in the alleged violation. The commissioner may arrange a conference with t
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Nearby Sections
15
§ 17:48F-11
Complaint system established.§ 17:48F-12
Examination by commissioner.§ 17:48F-13
Terms, conditions required in contracts.§ 17:48F-14
Maintenance of tangible net equity.§ 17:48F-16
Maintenance of fidelity bond.§ 17:48F-17
Annual report.§ 17:48F-22
Order of rehabilitation.