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New Jersey · Through P.L.2025, c.405, and J.R.22 · Newer source version available

N.J. Stat. § 17:16F-10: Violations after cease and desist order; penalty

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  1. 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

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