N.J. Admin. Code § 11:23-2.6
Current through Register Vol. 56, No. 18, September 16, 2024
In addition to the application review, an organizational investigation or examination may be performed before or after an applicant is licensed or registered as a third party administrator. Such investigation or examination shall consist of a general survey of the third party administrators corporate records, including charter, bylaws and minute books; verification of net worth; verification of principal place of business; determination of assets and liabilities; and a review of such other factors as the Commissioner deems necessary. The materials related to such an investigation or examination shall be confidential as set forth in 17B:27B-7.
N.J. Admin. Code § 11:23-2.6