{"data":{"id":"us-nj/n.j.-stat.-17b-30b-15","jurisdiction":"us-nj","citation":"N.J. Stat. § 17B:30B-15","heading":"Regulations, authority of commissioner.","body":"15.\tThe commissioner shall have the authority to promulgate regulations implementing the provisions of this act pursuant to the \"Administrative Procedure Act,\" P.L.1968, c.410 (C.52:14B-1 et seq.) including, but not limited to, the following:\na.\tEstablishing standards for evaluating reasonableness of payments under viatical settlement contracts for persons terminally or chronically ill;\nb.\tEstablishing appropriate licensing requirements, fees and standards for continued licensure for viatical settlement providers;\nc.\tRequiring a bond or other mechanism for financial accountability for viatical settlement providers; and\nd.\tGoverning the relationship and responsibilities of insurers, viatical settlement providers, life insurance producers and others in the business of viatical settlements during the period of consideration or effectuation of a viatical settlement contract.\nL.2005,c.229,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":"5c7e75609e8aaace709d51777f24941ef33b738622e011798a2e9f0b5cded9d1","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17b-30b-14","next":"us-nj/n.j.-stat.-17b-30b-16"},"notice":"GroundRules: Original legal text. Not legal advice."}