N.J.S.A 17:48F-16 Maintenance of fidelity bond.

17:48F-16 Maintenance of fidelity bond.

16. A prepaid prescription service organization shall maintain in force a fidelity bond in its own name on its officers and employees, in an amount established by the commissioner by regulation. In lieu of the bond, the organization may deposit with the commissioner cash or securities or other investments approved by the commissioner.



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