Section 17:48E-53 - Issuance of subsequent order.

NJ Rev Stat § 17:48E-53 (2019) (N/A)
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17:48E-53 Issuance of subsequent order.

5. The order of the commissioner issued pursuant to section 4 of this act shall not take effect unless the commissioner issues a subsequent order finding that:

a. the Superior Court has entered an order pursuant to subsection f. of section 19 of this act approving the establishment of the foundation; and

b. the Superior Court has not imposed any terms or conditions that are materially inconsistent with the order of the commissioner issued pursuant to section 4 of this act.

L.2001,c.131,s.5.