N.J. Stat. § 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.