New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 17C - INSURANCE PRODUCER STANDARDS OF CONDUCT: MANAGEMENT OF FUNDS
Subchapter 1 - GENERAL REQUIREMENTS
Section 11:17C-1.3 - Penalties

Universal Citation: NJ Admin Code 11:17C-1.3

Current through Register Vol. 56, No. 6, March 18, 2024

(a) The Commissioner shall impose penalties for violations of this chapter in accordance with the provisions of 17:22A-26 et seq. and any other applicable law.

(b) For the purposes of determining the existence of a violation and assessing a penalty under this chapter, a separate violation shall be deemed to exist, and a separate penalty therefor shall be assessed, for each violation of the provisions of this chapter.

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