{"data":{"id":"us-nj/n.j.-stat.-17b-27b-15","jurisdiction":"us-nj","citation":"N.J. Stat. § 17B:27B-15","heading":"Immediate suspension of license, registration, grounds.","body":"15.  The commissioner may, without advance notice or hearing, immediately suspend the license or registration of a third party administrator if he finds that one or more of the following circumstances exist:\na.\tthe administrator is insolvent or impaired;\nb.\ta proceeding for receivership, conservatorship, rehabilitation or other delinquency proceeding regarding the administrator has been commenced in another state; or\nc.\tthe financial condition or business practices of the administrator otherwise pose an imminent threat to the public health, safety or welfare of the residents of this State.\nL.2001,c.267,s.15.","path":["TITLE 17B 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":"461bb32bdaf74c180d63a94f6778c9b63bd7df54bde9acfd5f75de3efd4b593f","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17b-27b-14","next":"us-nj/n.j.-stat.-17b-27b-16"},"notice":"GroundRules: Original legal text. Not legal advice."}