New Jersey Statutes Title 17. Corporations and Institutions for Finance and Insurance 17 § 48E-59

a. all the conditions set forth in the order of the commissioner issued pursuant to section 4 of this act have been satisfied;

b. the commissioner has issued the order required under section 5 of this act and all the conditions set forth in that order have been satisfied;

c. the board of directors of the health service corporation has not abandoned or amended the plan of conversion pursuant to section 12 of this act; and

d. the foundation has been established in the manner approved by the Superior Court pursuant to section 19 of this act and at least a majority of the directors of the foundation have been appointed.