New Jersey Code § 17:52-8

Determination by commissioner
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17:52-8. Determination by commissioner
The commissioner shall, within 90 days after the hearing, approve or disapprove the application and shall file a written memorandum of his decision in the Department of Banking and Insurance in which he shall state the reasons for his decision.
L.1957, c. 218, p. 756, s. 8.

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