17:15A-34 - Approval of application  - New Jersey Statutes - USA Laws Searching

Statutes > New Jersey Statutes > TITLE 17 - CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE > Section 17:15A > 17:15A-34 - Approval of application 

17:15A-34 - Approval of application 

17:15A-34.     Approval of application    5.     The commissioner shall approve an application for a license if:

 

a.     The applicant has complied with the requirements of section 4 of this act; 

b.     The commissioner finds that the financial responsibility, experience, character, and general fitness of the applicant support the belief that the business will be operated honestly and fairly; and 

c.     The commissioner finds that none of the grounds for revoking or suspending a license set forth in section 19 of this act exist. 

L.1993,c.383,s.5. 
 
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