N.J. Stat. § 17:16F-10: Violations after cease and desist order; penalty
Where this section sits in the code
- TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
A depository institution which continues to violate the provisions of this act after having been ordered by the commissioner to cease such practices shall be liable to a penalty of $5,000.00 for each offense to be recovered with costs by the State in any court of competent jurisdiction in a civil action prosecuted by the Attorney General. The penalty provided by this section shall be in addition to and not in lieu of any other provision of law applicable upon a depository institution's failure to comply with an order of the commissioner.
L.1977, c. 1, s. 10.
Collected 2026-08-27T17:54:13Z. Source file · JSON