N.J. Admin. Code § 3:1-9.8 - Powers of the Commissioner; investigations and hearings
(a) In order to
aid in determining whether the Act or
N.J.A.C. 3:1-9.7 has been violated by a
depository institution other than a national bank, the Commissioner shall have
the power to hold hearings, issue subpoenas to compel the attendance of
witnesses and the production of documents, papers, books, records and other
evidence before him or her.
(b) In
the case of a failure of any person to comply with any subpoena issued by the
Commissioner or to testify to any matter concerning which he or she may be
lawfully interrogated, the Commissioner may apply to the Superior Court for an
order requiring the attendance of such person and the giving of testimony or
production of evidence.
(c) The
Commissioner will grant all written requests for hearing received from national
banks. If a national bank requests a hearing and submits voluntarily to the
authority of the Commissioner, the Commissioner's powers will be as specified
in subsections (a) and (b) of this section.
Notes
See: 11 New Jersey Register 426(d), 11 New Jersey Register 534(b).
As amended, R.1983 d.85, eff.
See: 15 New Jersey Register 4(a), 15 New Jersey Register 439(b).
Section recodified from N.J.A.C. 3:1-9.10.
Amended by R.2001 d.112, effective
See: 33 New Jersey Register 213(a), 33 New Jersey Register 1087(a).
In (a), deleted "hereof" following "N.J.A.C. 3:1-9.7"; in (a) and (b), neutralized gender references.
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