17:24-35 - Authority of commissioner

17:24-35  Authority of commissioner.

8.The commissioner shall have the authority to:

a.Review any investment pool agreement and disapprove that agreement if it does not comply with the provisions of this act;

b.Review the operation of any investment pool and order compliance with this act; and

c.Disallow, as an admitted asset, any investment not in compliance with the provisions of this act.

L.1999,c.20,s.8.