New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 3 - AUTOMOBILE INSURANCE
Subchapter 30 - MOTOR VEHICLE SELF-INSURANCE
Section 11:3-30.5 - Certificate of self-insurance
Current through Register Vol. 56, No. 6, March 18, 2024
(a) Any person applying for a certificate of self-insurance shall submit the following to the Commissioner:
(b) After the submission of an application, the Commissioner may require an additional fee to cover the costs of further examinations which may include a credit report to be prepared by a credit agency acceptable to the Commissioner.
(c) If an application is approved and the Commissioner receives notification from the Association that the applicant has paid any applicable policy constant or RMEC pursuant to 17:29A-37.1 and 17:30E-1 et seq., respectively, the Commissioner shall issue a certificate of self-insurance to the applicant.
(d) All certificates of self-insurance are valid from the date of issuance until June 30 immediately following and may be renewed thereafter, pursuant to 11:3-30.6, for a one year period beginning July 1 and ending June 30 the following year.