New Jersey Statutes 58:10-23.11f13. Initiation of defense and indemnification, cooperation
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Terms Used In New Jersey Statutes 58:10-23.11f13
- certified mail: include private express carrier service, provided that the private express carrier service provides confirmation of mailing. See New Jersey Statutes 1:1-2
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- 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
- Summons: Another word for subpoena used by the criminal justice system.
6. A contractor shall not, except for good and substantial cause, be entitled to legal defense and indemnification by the Attorney General pursuant to this act unless within 10 calendar days of receipt of any summons, complaint, process, notice, demand or pleading subject to legal defense and indemnification, the contractor delivers, by certified mail or personal delivery, the original or a copy of the summons, complaint, process, notice, demand or pleading to the department or other contracting agency, and the Attorney General. Delivery of notice shall constitute an agreement by the contractor that the Attorney General shall be responsible for the conduct of the defense for the claim amount in excess of the contractor’s deductible in a manner that the Attorney General deems to be in the best interests of the contractor and the State, including authority to enter into a negotiated settlement of that excess amount. The contractor shall cooperate fully with the Attorney General’s defense.
The Attorney General shall submit a certified voucher to the State for payment of the amount of the judgment or settlement and court costs.
No settlement shall be entered into by a contractor or his authorized representative if the amount of the settlement exceeds the contractor’s deductible unless the settlement is approved by the Attorney General. If the contractor enters into such a settlement without the Attorney General’s approval, this shall be deemed a waiver by the contractor of any right to indemnification for the settlement.
L.1991,c.373,s.6; per s.22, section expired January 10, 1995.