New Jersey Statutes 17:31-10. Definitions relative to issuance of bail bonds by surety companies
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Terms Used In New Jersey Statutes 17:31-10
- Bail: Security given for the release of a criminal defendant or witness from legal custody (usually in the form of money) to secure his/her appearance on the day and time appointed.
- person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
- 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
1. As used in this act:
“Bail agent or agency” means any person or entity that solicits, negotiates or sells bail bonds, or is affiliated in any manner with the execution of bail and is licensed as a limited lines insurance producer pursuant to P.L.2001, c.210 (C. 17:22A-26 et seq.), an insurance producer or a limited insurance representative.
“Commissioner” means the Commissioner of Banking and Insurance.
“Surety company” means an insurer authorized to transact surety business in this State.
L.2003,c.202,s.1.