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New Jersey Statutes Title 34. Labor and Workmen's Compensation 34 § 15-77.7

Current as of January 01, 2024 | Updated by Findlaw Staff

The commissioner shall have the authority to deny the application of any group of self-insurers to pay such benefits, or to revoke his consent for any group continuing to pay for good cause shown, including, but not limited to:

a. Failure to comply with regulations adopted by the commissioner or with any provisions of this act;

b. Failure to comply with a lawful order of the commissioner;

c. Deterioration of financial condition to such an extent that such deterioration would have an adverse effect on the ability of the self-insurance group to pay expected losses.

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Cite this article: FindLaw.com - New Jersey Statutes Title 34. Labor and Workmen's Compensation 34 § 15-77.7 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-34-labor-and-workmens-compensation/nj-st-sect-34-15-77-7/

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