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N.J. Stat. Ann. § 17:16F-10

Violations after cease and desist order; penalty

Known as the New Jersey Automobile Full Insurance Availability Act

The act spans §§ 17–17 (3,637 sections).

L.1977, c. 1, s. 10.

A depository institution which continues to violate the provisions of this act after having been ordered by the commissioner to cease such practices shall be liable to a penalty of $5,000.00 for each offense to be recovered with costs by the State in any court of competent jurisdiction in a civil action prosecuted by the Attorney General. The penalty provided by this section shall be in addition to and not in lieu of any other provision of law applicable upon a depository institution's failure to comply with an order of the commissioner.

Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.