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NEW JERSEY STATUTES AND CODES
17:24-35 - Authority of commissioner
17:24-35 Authority of commissioner.
8.The commissioner shall have the authority to:
a.Review any investment pool agreement and disapprove that agreement if it does not comply with the provisions of this act;
b.Review the operation of any investment pool and order compliance with this act; and
c.Disallow, as an admitted asset, any investment not in compliance with the provisions of this act.
L.1999,c.20,s.8.
8.The commissioner shall have the authority to:
a.Review any investment pool agreement and disapprove that agreement if it does not comply with the provisions of this act;
b.Review the operation of any investment pool and order compliance with this act; and
c.Disallow, as an admitted asset, any investment not in compliance with the provisions of this act.
L.1999,c.20,s.8.
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