N.J. Admin. Code § 11:28-1.13
Current through Register Vol. 57, No. 1, January 6, 2025
In addition to the application review, an organizational investigation or examination may be performed before or after an applicant is licensed as a captive. Such investigation or examination shall consist of a general survey of the captive's corporate records, including charter, bylaws and minute books; verification of capital and surplus; verification of principal place of business; determination of assets and liabilities; and a review of such other factors as the Commissioner deems necessary. The materials related to such an investigation or examination as set forth in N.J.S.A. 17:47B-2c.(3) shall be confidential as provided for therein.
N.J. Admin. Code § 11:28-1.13