New Jersey § 17B:27E-12 Additional penalties

New Jersey Statutes

§ 17B:27E-12 — Additional penalties

New Jersey § 17B:27E-12

Title 17BINSURANCE

This text of New Jersey § 17B:27E-12 (Additional penalties) 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. § 17B:27E-12 (2026).

Text

12.In addition to any other penalties provided by the laws of this State, any insurer and any insurance producer found to have violated any requirement of this State relating to the regulation of long-term care insurance or the marketing of that insurance shall be subject to a fine of up to three times the amount of any commissions paid for each policy or certificate involved in the violation, or $10,000, whichever is greater. L.2003,c.207,s.12.

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12. In addition to any other penalties provided by the laws of this State, any insurer and any insurance producer found to have violated any requirement of this State relating to the regulation of long-term care insurance or the marketing of that insurance shall be subject to a fine of up to three times the amount of any commissions paid for each policy or certificate involved in the violation, or $10,000, whichever is greater. L.2003,c.207,s.12.