17:24-35 Authority of commissioner.
62 words·~1 min read·
/nj/title-17/chapter-24/17-24-35A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
8. The commissioner shall have the authority to:
a. Review any investment pool agreement and disapprove that agreement if it does not comply with the provisions of this act;
b. Review the operation of any investment pool and order compliance with this act; and
c. Disallow, as an admitted asset, any investment not in compliance with the provisions of this act.
L.1999,c.20,s.8.