New Jersey Statutes
§ 17B:30-20 — Violation of cease and desist order; penalty
New Jersey·Title 17B INSURANCE
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.
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Nearby Sections
15
§ 17B:30-1
Declaration of purpose§ 17B:30-10
Stock acquisition, common management§ 17B:30-11
Interlocking directorate§ 17B:30-12
Discrimination prohibited; terms defined.§ 17B:30-13
Rebates and special inducements§ 17B:30-13.1
Unfair claim settlement practices§ 17B:30-13.2
Record of complaints§ 17B:30-14
Exceptions to discrimination and rebates§ 17B:30-15
Enumeration of acts not exclusive§ 17B:30-16
Commissioner's powers of investigation§ 17B:30-18
Procedures as to undefined practices§ 17B:30-19
Appeal by intervenor§ 17B:30-2
Practices prohibited§ 17B:30-20
Violation of cease and desist order; penalty