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XML document 17B:18-42 Certificate of authority; when issuable.
New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 17B INSURANCE
...  17B: 18-42 Certificate of authority; when issuable. 17B: 18-42 Certificate of authority; when issuable. 17B: 18-42. When satisfied that a domestic insurer has complied with all the requirements of this code to entitle it to engage in business and that the...
... the insurer are not such as would render its operation hazardous to the public or its policyholders, the commissioner shall issue to the insurer a certificate authorizing it to commence business, specifying in the certificate the particular kind or kinds of insurance it is authorized to transact. The commissioner may refuse to issue a certificate of authority if he finds that any of the insurer's directors or officers has been convicted of a crime involving fraud, dishonesty, or like moral turpitude or...

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