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Code · New Jersey · Title 52 — Savings and Loan Associations [Repealed] · Chapter 27D

52:27D-25bb After revocation, application for new certificate.

90 words·~1 min read·/nj/title-52/chapter-27d/52-27d-25bb·

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15. After revocation of a certificate of certification, the commissioner shall not renew or reinstate such certificate; however, a person may apply for a new certificate of certification. When it can be shown that all loss caused by the act or omission for which the certificate was revoked has been fully satisfied, and that all conditions imposed by the order of revocation have been complied with, the commissioner may issue a new certification, provided that the applicant meets all other qualifications necessary for certification and pays the appropriate fee.
L.2001,c.289,s.15.
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