17:9A-328 - Review of commissioner's refusal to issue a certificate or his revocation of a certificate - New Jersey Statutes

17:9A-328.  Review of commissioner's refusal to issue a certificate or his revocation of a certificate    A.  If the commissioner shall fail for sixty days to act upon an application  for a certificate of authority, or shall fail for thirty days to act upon an  application for a certificate of renewal of a certificate of authority, the  foreign bank may apply to the Superior Court for a review, hearing and relief.

    B.  The refusal of the commissioner to issue a certificate of authority or a  certificate of renewal of a certificate of authority as provided in this article, or his revocation of such a certificate, shall be subject to review, hearing and relief in the Superior Court.  No application to review such a refusal or revocation shall be heard by the Superior Court unless such application is made within thirty days from the date on which notice of the action of the commissioner is mailed to the foreign bank, and unless written notice of such application is given to the commissioner, with a copy of the affidavits and proofs upon which the application is based.

     L.1948, c. 67, p. 409, s. 328.