17:9A-27.25 - Powers of commissioner - New Jersey Statutes

17:9A-27.25.  Powers of commissioner
    If it shall appear to the commissioner that any payment made by any bank for  any benefit provided for by sections 23 or 24 of this act is excessive as to  any one or more or all employees of a bank, he shall have power to order that  any payment thereafter made by such bank for such benefit or benefits shall be  reduced to such amount as he shall deem reasonable.  An order made pursuant to  this section shall be subject to review in a proceeding in lieu of prerogative  writ.

     L.1953, c. 124, p. 1320, s. 25.