N.J. Admin. Code § 3:1-9.17 - Notice of charges; continued violation of Act
(a) If it
appears to the Commissioner that a depository institution , other than a
national bank, is continuing to violate the provisions of the Act or
N.J.A.C. 3:1-9.7 of this subchapter after
being ordered to cease such practices, he shall issue and serve upon such
depository institution by certified mail, return receipt requested, a notice of
such charges.
(b) The notice shall
include:
1. The particular sections of the
statutes and rules involved; and
2.
A copy of the detailed statement of facts constituting the basis of the alleged
violation.
3. A statement that the
depository institution has the right to request a hearing on the charges by
submitting a written request for a hearing within 10 days of receipt of the
charges; however, the time period may be extended at the discretion of the
Commissioner. The hearing shall be conducted in accordance with the
Administrative Procedures Act,
N.J.S.A. 52:14B-1 et seq. and the Uniform
Administrative Procedure Rules, N.J.A.C. 1:1.
Notes
See: 22 New Jersey Register 3425(a), 23 New Jersey Register 294(b).
Added provisions for requests for and the holding of hearings.
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