{"data":{"id":"us-nj/n.j.-stat.-17-23-35","jurisdiction":"us-nj","citation":"N.J. Stat. § 17:23-35","heading":"Failure to file ORSA Summary Report; penalty.","body":"54.\tAny insurer failing, without just cause, to timely file the ORSA Summary Report as required in sections 46 through 56 of P.L.2014, c.81 (C.17:23-27 through C.17:23-37) shall be required, after notice and opportunity for a hearing, to pay a penalty of up to $5,000 for each day's delay, to be recovered by the commissioner and the penalty so recovered shall be paid into the General Fund of this State.\nL.2014, c.81, s.54.","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":"6fbe8a16dd2f116a606e675125d1ee9570c76299d5274606cb4641f75c867e60","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17-23-34","next":"us-nj/n.j.-stat.-17-23-36"},"notice":"GroundRules: Original legal text. Not legal advice."}