17:50-8 - Report of financial condition to Commissioner; examination of records, affairs and financial condition - New Jersey Statutes

17:50-8.  Report of financial condition to Commissioner;  examination of records, affairs and financial condition    Such attorney shall, within the time limited for filing the annual statement  by insurance companies, transacting the same kind of business, make a report,  under oath, to the Commissioner of Banking and Insurance of this State for each  calendar year in such form as he may prescribe, showing the financial condition  of affairs at the office where such contracts are issued, and shall at any  reasonable time furnish such additional information and reports as may be  required by said commissioner;  provided, however, that the attorney shall not  be required to furnish the names and addresses of any subscribers, except in  the case of unpaid final judgments. The records, affairs and financial  condition of the exchange shall be subject to examination by the Commissioner  of Banking and Insurance of this State, and such examination shall be at the  expense of the office examined. Where the principal office of the attorney is  located in another State, the Commissioner of Banking and Insurance of this  State may, in lieu of the examination provided for in this section, accept a  certified copy of the report of examination made by the insurance department of  the State where the principal office is located, or by the insurance department  of any other State.

     L.1945, c. 161, p. 559, s. 8.