New Jersey Statutes 17:29AA-13. Order from commissioner relative to compliance with standards
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Terms Used In New Jersey Statutes 17:29AA-13
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Contract: A legal written agreement that becomes binding when signed.
13. a. If the commissioner finds, after a hearing, that a rate or policy form in effect for any rating organization or insurer, whether or not a member or subscriber of a rating organization, is not in compliance with the standards of this act, he shall issue an order specifying in what respects it so fails, and stating when, within a reasonable period thereafter, such rate or form shall be deemed no longer effective. The order shall not affect any contract or policy made or issued prior to the expiration of the period set forth in the order.
b. (Deleted by amendment, P.L.2009, c.248)
L.1982, c.114, s.13; amended 2004, c.17, s.20; 2009, c.248, s.4.