{"data":{"id":"us-nj/n.j.-stat.-17-22-6.46","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:22-6.46","heading":"Withdrawal of eligibility;  grounds;  notice","body":"If at any time the commissioner has reason to believe that any unauthorized  insurer then on the list of eligible surplus lines insurers is insolvent, or in  unsound financial condition, or that it is no longer eligible under the  conditions therefor provided in section 11 of this act, he shall withdraw the  eligibility of the insurer to insure surplus lines risks in this State.\nIf the commissioner finds, after a hearing thereon of which notice was given  to all licensed surplus lines agents, that an insurer currently eligible as a  surplus lines insurer has willfully violated the laws of New Jersey, or does  not make reasonably prompt payment of just losses and claims in this State, he  may withdraw the eligibility of the insurer to insure surplus lines risks in  this State.\nThe commissioner shall promptly mail notice of all such withdrawals of eligibility to each surplus lines agent at his address last of record with the commissioner.\nL.1960, c. 32, p. 113, s. 12.","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":"56fef34b253060cae8991c92d099f12b49604045ec81b8904705e2b4571bbe8f","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-22-6.45","next":"us-nj/n.j.-stat.-17-22-6.47"},"notice":"GroundRules: Original legal text. Not legal advice."}