New Jersey Statutes Title 17. Corporations and Institutions for Finance and Insurance 17 § 9A-255

The commissioner shall have power, for good cause shown, to curtail the 6-month period specified in subsection B of section 253,  1 and to extend the 15-month period specified in subsection B of section 253 for a period not exceeding 1 month in either case; and to extend the 60-day period specified in section 254  2 for a period not exceeding 30 days. No extension or curtailment shall be allowed by the commissioner which will result in the lapse of a calendar year without the commencement of an examination pursuant to section 253.