New Jersey Statutes 17B:17-12. Certificate of authority; license defined
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Terms Used In New Jersey Statutes 17B:17-12
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
a. A “certificate of authority is a certificate issued by the commissioner evidencing the authority of an insurer to transact insurance in this State.
b. A “license” is authority granted by the commissioner pursuant to this code authorizing the licensee to engage in a business or operation of insurance in this State as an agent, broker, or solicitor, as the case may be, and the written evidence of such authority.
L.1971,c.144.