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Code · New Jersey · Title 58 — Insurance · Chapter 11

58:11-70. Revocation or suspension

210 words·~1 min read·/nj/title-58/chapter-11/58-11-70·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

a. The department may revoke or suspend the license of a licensee if the department determines that the application for the license included false information or that the licensee is managing or operating the system in an incompetent manner, or is managing or operating the system in violation of this act or any operating requirements of the department, or has falsified records.
b. The order of revocation or suspension shall become a final order unless the licensee submits a written request for a hearing within 20 calendar days after receipt of the order. If a hearing is granted, the commissioner shall make the final decision for the department.
c. Any person whose license has been revoked for the first time shall be ineligible for admission to any examination authorized by this act for a period of not less than 1 year from the effective date of the revocation.
d. Any person whose license has been revoked for committing or omitting acts which the department determines with the concurrence of the board of examiners has caused substantial harm to the public, or whose license has been revoked more than once shall be ineligible for admission to any examination authorized by this act.
L.1983, c. 230, s. 7, eff. June 29, 1983.
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