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Code · New Jersey · Title 17 — Notice and Publication · Chapter 14A

17:14A-65. Examination of safe deposit company affairs; curtailment or extension of time by commissioner

88 words·~1 min read·/nj/title-17/chapter-14a/17-14a-65·

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The commissioner shall have power, for good cause shown, to curtail the six-month period, and to extend the 15-month period specified in R.S. 17:14A-63 for a period not exceeding one month in either case, and to extend the 60-day period specified in R.S. 17:14A-64 for a period not exceeding 30 days. An extension or curtailment shall not be allowed by the commissioner which will result in the lapse of a calendar year without the commencement of an examination pursuant to R.S. 17:14A-63.
L. 1983, c. 566, s. 17:14A-65.
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