17:48A-9 - Filing form of subscription certificate, etc.; disapproval by commissioner - New Jersey Statutes

17:48A-9.  Filing form of subscription certificate, etc.;  disapproval by commissioner    No subscription certificate shall be issued by any medical service corporation to any subscriber unless and until the form thereof shall have been  filed with the Commissioner of Banking and Insurance together with all applications, riders and endorsements for use in connection with the issuance or renewal thereof.  If the commissioner shall at any time notify the corporation filing the same of his disapproval of any such form, as contrary to  law, or as being oppressive or calculated to mislead the public, specifying  particulars, it shall be unlawful for such corporation thereafter to issue any  such form so disapproved.  Such disapproval of the commissioner shall be  subject to review by the Superior Court in a proceeding in lieu of prerogative  writ.

     L.1940, c. 74, p. 191, s. 9.  Amended by L.1953, c. 17, p. 293, s. 182.