New Jersey § 17:1c-46
Full text of New Jersey New Jersey Statutes § 17:1c-46, with citation guidance and answers to common questions.
§ 17:1c-46.
a. The State Treasurer and the commissioner may adopt rules and regulations, pursuant
to the “Administrative Procedure Act,” P.L.1968, c. 410 ( C.52:14B-1 et seq. ), to effectuate the purposes of this act. b. Any regulation promulgated by the commissioner shall describe the factors to be
considered in computing the assessment. In the case of depository institutions, the assessment shall consider the following
factors as appropriate: assets, deposits or shares, trust funds under management
and the supervisory rating of the institution. In the case of licensees or registrants, the assessment shall consider the following
factors as appropriate: loan volume, volume of money transmitted, number of transactions,
volume of checks cashed, number of licensee branches, number of license types held under the “New Jersey Consumer Finance Licensing Act,” sections 1 through 49 of P.L.1996, c. 157 ( C.17:11C-1 et seq. ) or the “New Jersey Residential Mortgage Lending Act,” sections 1 through 39 of P.L.2009, c. 53 ( C.17:11C-51 et seq. ), and the supervisory rating of the entity. In computing the assessment for depository institutions, licensees or registrants,
the commissioner may consider those additional factors the commissioner deems appropriate. c. The general purpose of the computations to determine the assessment shall be to
distribute the financial burden proportionally among the depository institutions and
other financial entities it charters, licenses and registers consistent with the division's
regulatory activities. d. The commissioner shall provide for the orderly and fair transition to assessments
on existing charters, licensees and registrants by promulgating rules and regulations
and by establishing administrative procedures that are reasonable, necessary and consistent
with this act. e. The commissioner shall consider the impact of the assessment on check cashers licensed
pursuant to P.L.1993, c. 383 ( C.17:15A-30 et seq. ), and may take any appropriate action pursuant to the commissioner's authority to
limit fees as provided in section 14 of P.L.1993, c. 383 ( C.17:15A-43 ).
Frequently Asked Questions About New Jersey § 17:1c-46
What does New Jersey Statutes § 17:1c-46 cover?
Section 17:1c-46 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 § 17:1c-46?
A common citation format is "New Jersey Statutes § 17:1c-46" (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 § 17:1c-46 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.