Tolling of time to obtain certificate of authority or commence business

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17:14A-22. Tolling of time to obtain certificate of authority or commence business

If proceedings are instituted to review the commissioner's approval of an application to file a certificate of incorporation or to review the commissioner's failure to issue a certificate of authority, the period from the date of the commissioner's approval or failure to issue a certificate of authority to the entry of the final judgment in the proceedings shall not be considered in computing any 12 months' period limited in R.S. 17:14A-21.

L.1983 c. 566, s. 17:14A-22.


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