17:17B-8 - Rules and regulations - New Jersey Statutes

17:17B-8.  Rules and regulations
    The commissioner shall have the power to make such rules and regulations as  may be necessary for the execution of the functions vested in him by sections 1  through 7 of this act, and may for such purpose classify domestic stock  insurance companies, securities, and other persons or matters within his  jurisdiction.  No provision of sections 1, 2 and 3 of this act imposing any  liability shall apply to any act done or omitted in good faith in conformity  with any rule or regulation of the commissioner, notwithstanding that such rule  or regulation may, after such act or omission, be amended or rescinded or  determined by judicial or other authority to be invalid for any reason.

     L.1965, c. 57, s. 8.