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Terms Used In New Jersey Statutes 17:48E-46.12

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Statute: A law passed by a legislature.
12. a. The application submitted pursuant to section 5 of P.L.2020, c.145 (C. 17:48E-46.5) shall be a public record, except for the following documents, which shall be confidential and not public records:
(1) documents deemed confidential by statute or regulation;
(2) the business plan, capitalization plan, financial projections, and market competitive data; and
(3) any other information the commissioner determines could result in harm to the health service corporation, mutual holding company, reorganized insurer or other insurance entity within the mutual holding company system, or the public interest, if disclosed.
b. The commissioner shall provide the public with prompt and reasonable access to public records relating to the proposed reorganization of the health service corporation. The commissioner shall make the public records received pursuant to P.L.2020, c.145 (C. 17:48E-46.1 et al.) available for inspection at no cost to the public. These public records shall be made available to the public in connection with the public hearing to be held pursuant to P.L.2020, c.145 (C. 17:48E-46.1 et al.).

L.2020, c.145, s.12.