N.J. Stat. § 17:16H-4

Current through L. 2024, c. 87.
Section 17:16H-4 - Cease and desist order; notice and hearing; penalty for failure to comply

The commissioner may, after notice and opportunity for a hearing, order any financial institution to cease and desist from violations of this act. Any financial institution which fails to comply with an order of the commissioner shall be subject to a penalty not to exceed $500.00 for each violation. Any penalty imposed by the commissioner shall be enforced and collected pursuant to the penalty enforcement law (N.J.S. 2A:58-1 et seq.).

N.J.S. § 17:16H-4

L.1979, c.193, s.4, eff. 9/13/1979.