21:2-28 - Exemption from filing bond - New Jersey Statutes

21:2-28.  Exemption from filing bond
    Any fireworks plant owner or operator desiring to be exempted from filing such bond may make application to the state department of banking and insurance, showing his financial ability to discharge all such judgments to the  amount of the bond required by the commissioner of labor that may be entered  against him, whereupon such department, if satisfied with the financial ability  of the applicant, shall, by written order, exempt the applicant from the filing  of such bond, and the department of banking and insurance may from time to time  require further statements from the applicant showing his financial ability  and, if dissatisfied therewith, may in its discretion revoke such exemption,  and require the filing of such bond.