N.J. Admin. Code § 3:22-1.3 - Annual report; penalty

Current through Register Vol. 54, No. 7, April 4, 2022

Each insurance premium finance company licensee shall file an annual report as mandated by 17:16D-7. In accordance with 3:1-7.6, the Department may assess a penalty against any licensee for each report the licensee files late.


N.J. Admin. Code § 3:22-1.3
New Rule, R.1995 d.655, effective 12/18/1995.
See: 27 N.J.R. 3655(a), 27 N.J.R. 5011(a).
Recodified from N.J.A.C. 3:22-1.2 by R.2005 d.166, effective 6/6/2005.
See: 36 N.J.R. 5191(a), 37 N.J.R. 2009(a).
Former N.J.A.C. 3:22-1.3, Reserved, recodified to N.J.A.C. 3:22-1.4.
Amended by R.2006 d.235, effective 6/19/2006.
See: 38 N.J.R. 10(a), 38 N.J.R. 2674(a).
Substituted "In accordance with N.J.A.C. 3:1-7.6, the" for "The licensee shall remit a fee of $ 100.00 for each such report filed. The" and deleted "$ 50.00" preceding "penalty".
Amended by R.2007 d.306, effective 10/1/2007.
See: 39 N.J.R. 2299(a), 39 N.J.R. 4111(a).
Deleted ", on or before February 1," following "file".
Amended by R.2010 d.255, effective 11/1/2010.
See: 42 N.J.R. 1274(a), 42 N.J.R. 2608(b).
Section was "Annual report; fee". Substituted "may" for the second occurrence of "shall".

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