New Jersey § 13:1m-5
Full text of New Jersey New Jersey Statutes § 13:1m-5, with citation guidance and answers to common questions.
§ 13:1m-5.
As a precondition to the issuance of a permit under section 2 of this act, 1 the applicant shall execute and file with the department a surety bond guaranteeing
compliance with all provisions of this act and all rules and regulations adopted pursuant
thereto and all provisions and conditions of the permit. The bond shall be in an amount established by rule or regulation by the department. The surety bond required by this section shall be executed by a surety company authorized
to do business in this State. The department shall not approve any bond until it is personally signed and acknowledged
by both principal and surety, or as to either, by his attorney in fact, with a certified
copy of the power of attorney attached thereto. The department shall not approve a bond unless there is attached a certificate of
the Commissioner of Insurance that the company is authorized to transact a fidelity
and surety business in this State. All bonds shall be given in a form to be prescribed by the department and shall run
to the State as obligee. 1
N.J.S.A. § 13:1M-2.
Frequently Asked Questions About New Jersey § 13:1m-5
What does New Jersey Statutes § 13:1m-5 cover?
Section 13:1m-5 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 13:1m-5?
A common citation format is "New Jersey Statutes § 13:1m-5" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 13:1m-5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.