17:16H-4 - Cease and desist order; notice and hearing; penalty for failure to comply - New Jersey Statutes

17:16H-4.  Cease and desist order;  notice and hearing;  penalty for failure  to comply
    The commissioner may, after notice and opportunity for a hearing, order any  financial institution to cease and desist from violations of this act. Any  financial institution which fails to comply with an order of the commissioner  shall be subject to a penalty not to exceed $500.00 for each violation.  Any  penalty imposed by the commissioner shall be enforced and collected pursuant to  the penalty enforcement law (N.J.S. 2A:58-1 et seq.).

     L.1979, c. 193, s. 4, eff. Sept. 13, 1979.