New Jersey § 17:12b-186
Full text of New Jersey New Jersey Statutes § 17:12b-186, with citation guidance and answers to common questions.
§ 17:12b-186.
The commissioner may, from time to time appoint one or more special assistant deputy
commissioners of banking and insurance, who may or may not be employees in the department
as the commissioner shall determine, as agent or agents, to assist him in administering
the business and affairs of any State association of which he has taken possession,
and he may, from time to time, hire such employees and assistants as he shall deem
necessary to the proper administration of the business and affairs of such State association,
including officers and employees of the State association. He may further, notwithstanding any other provision of law, appoint an attorney
or a counsellor-at-law of this State, who need not be a member or an employee of the
department of law of this State, to represent and advise him and to act as counsel
in the administration of the business and property of the State association. He may further, at the expense of the State association, obtain such security for
the faithful performance of the duties of such assistant deputy commissioners, counsel,
and other employees as he shall deem necessary. Appointments of special assistant deputy commissioners and counsel made pursuant
to this subsection shall be evidenced by a writing signed by the commissioner and
filed in the department. The compensation of the special assistant deputy commissioners, counsel, and of all
other persons engaged in the administration of the business and affairs of such State
association, shall be fixed by the commissioner, subject to the approval of the Superior
Court as hereinafter provided, and shall, upon the certificate of the commissioner,
be paid out of the funds of the State association.
Frequently Asked Questions About New Jersey § 17:12b-186
What does New Jersey Statutes § 17:12b-186 cover?
Section 17:12b-186 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 17:12b-186?
A common citation format is "New Jersey Statutes § 17:12b-186" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 17:12b-186 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.