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2022 New Jersey Revised Statutes
Title 17B - Insurance
Section 17B:27B-24 - Violations, penalties.
Universal Citation: NJ Rev Stat § 17B:27B-24 (2022)
17B:27B-24 Violations, penalties.
24. The commissioner may, upon notice and hearing, assess a civil administrative penalty in an amount not less than $250 nor more than $5,000 for each day that a third party administrator or third party billing service is in violation of this act. A penalty imposed by the commissioner pursuant to this section may be in lieu of, or in addition to, suspension or revocation of a license pursuant to this act. A penalty may be recovered in a summary proceeding pursuant to the "Penalty Enforcement Law of 1999," P.L.1999, c.274 (C.2A:58-10 et seq.).
L.2001,c.267,s.24.
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