N.J. Stat. § 17:30C-3: Exclusive remedy--appeal

Delinquency proceedings pursuant to this act shall constitute the sole and exclusive method of liquidating, rehabilitating, reorganizing or conserving an insurer, and no court shall entertain a petition for the commencement of such proceedings, or any other similar procedure, unless the same has been instituted by the commissioner.

L.1975, c. 113, s. 3, eff. June 3, 1975.