{"data":{"id":"us-nj/n.j.-stat.-17-14a-13","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:14A-13","heading":"Commissioner's findings","body":"The commissioner shall approve the application and issue a certificate of approval which shall be endorsed upon or annexed to the certificate of incorporation if he finds that:\na.  The establishment of the company is in the public interest;  and\nb.  Will be of benefit to the area proposed to be served;  and\nc.  The amount of the capital stock appears adequate or if he deems it inadequate the amount of capital stock or other form of capital investment he deems appropriate;  and\nd.  The company will have a reasonable prospect of success;  and\ne.  The character, responsibility and general fitness of the incorporators command confidence and warrant belief that the business of the company will be honestly and efficiently conducted;  and\nf.  The name proposed for the company conforms with the requirements of this  chapter and that the proposed bylaws are proper;  and\ng.  The company has filed proofs as to the mailing of notice and publication  required by the chapter.\nL.1983, c. 566, s. 17:14A-13.","path":["TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE \t\t\tAND INSURANCE"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"4658f355184c6d997e75d66b5f7df22a1ea97980f8f8b9fe10deb2593f493fae","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-14a-12","next":"us-nj/n.j.-stat.-17-14a-14"},"notice":"GroundRules: Original legal text. Not legal advice."}