New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 28 - CAPTIVE INSURANCE
Subchapter 1 - CAPTIVE INSURANCE
Section 11:28-1.10 - Notification of adverse financial condition
Universal Citation: NJ Admin Code 11:28-1.10
Current through Register Vol. 56, No. 6, March
18, 2024
A licensed captive shall require the independent certified public accountant to immediately notify in writing an officer and all members of the board of directors of the captive of any determination by the independent certified public accountant that the captive has materially misstated its financial condition in its report to the Commissioner. The captive shall furnish such notification to the Commissioner within five working days of receipt thereof.
Disclaimer: These regulations may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
