New Jersey Administrative Code
Title 3 - BANKING
Chapter 12 - REGISTRAR AND TRANSFER AGENTS
Subchapter 4 - REQUIRED INSURANCE
Section 3:12-4.3 - Director$DQ$s review of insurance
Universal Citation: NJ Admin Code 3:12-4.3
Current through Register Vol. 56, No. 18, September 16, 2024
Insurance coverages maintained by a qualified corporation shall be reviewed annually by the board of directors to determine the sufficiency of coverages maintained based on the volume and nature of operations. Evidence of the review shall be made available to the Commissioner upon request.
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