17:16F-10 - Violations after cease and desist order;  penalty

17:16F-10.  Violations after cease and desist order;  penalty
    A depository institution which continues to violate the provisions of this act after having been ordered by the commissioner to cease such practices shall  be liable to a penalty of $5,000.00 for each offense to be recovered with costs  by the State in any court of competent jurisdiction in a civil action  prosecuted by the Attorney General.  The penalty provided by this section shall  be in addition to and not in lieu of any other provision of law applicable upon  a depository institution's failure to comply with an order of the  commissioner.

     L.1977, c. 1, s. 10.