2013 New Jersey Revised Statutes
Title 17 - CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
Section 17:15A-34 - Approval of application
17:15A-34. Approval of application
5. The commissioner shall approve an application for a license if:
a. The applicant has complied with the requirements of section 4 of this act;
b. The commissioner finds that the financial responsibility, experience, character, and general fitness of the applicant support the belief that the business will be operated honestly and fairly; and
c. The commissioner finds that none of the grounds for revoking or suspending a license set forth in section 19 of this act exist.
L.1993,c.383,s.5.
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