N.J. Admin. Code § 11:15-3.17
Current through Register Vol. 56, No. 21, November 4, 2024
Should any member of a joint insurance fund fail or refuse to pay as directed its assessment(s) to the fund or to pay as directed any supplemental assessment(s), or should the fund commissioners fail to assess funds required to meet the obligations of the fund, the chairman of the joint insurance fund commission or in the event of his or her failure to do so, the custodian of the fund's assets shall notify in writing the Commissioner and the Commissioner of the Department of Community Affairs. Upon such notification, the Commissioner shall order the fund or member to take such remedial action as he or she deems necessary.
N.J. Admin. Code § 11:15-3.17
See: 28 New Jersey Register 4036(a), 28 New Jersey Register 4885(a).