Current through Register Vol. 56, No. 21, November 4, 2024
Section 5:25-4.4 - Revocation or suspension of approval(a) If the Department shall establish that any private plan has committed any of the following, its approval may be revoked or suspended: 1. Willfully made a misstatement of a material fact in the application for approval.2. Established a pattern of unreasonable delay in the processing and disposal of warranty claims.3. Unreasonably refused to honor a warranty claim or claims.4. Failed to conform to 5:25-4.2(i).5. Undertaken to change, changed or become aware of a change in circumstances which induced the Department to approve the plan without having filed an amended application for approval.6. Violated any of the provisions of section 6 of this subchapter.7. Deviated in a significant way from the complaint and claims process upon which the approval was based.N.J. Admin. Code § 5:25-4.4