New Jersey § 34:15-120
Full text of New Jersey New Jersey Statutes § 34:15-120, with citation guidance and answers to common questions.
§ 34:15-120.
a. All proceedings in which an insolvent member is a party, or is obligated to defend
a party, in any court or before any quasi-judicial body or administrative board in
this State shall be stayed for up to six months, or for such additional period from
the date the member becomes insolvent, as is deemed necessary by a court of competent
jurisdiction to permit proper defense by the association of all pending causes of
action as to any covered claims arising from a judgment under any decision, verdict,
or finding based on the default of the insolvent member. The association, either on its own behalf or on behalf of the insolvent member,
may apply to have that judgment, order, decision, verdict or finding set aside by
the same court or administrator that made that judgment, order, decision, verdict
or finding and shall be permitted to defend against that claim on the merits. If requested by the association, the stay of proceedings may be shortened or waived. b. In any proceeding in bankruptcy in which the payment of benefits has been stayed,
the association shall appear and move to lift the stay so that the orderly administration
of claims can proceed.
Frequently Asked Questions About New Jersey § 34:15-120
What does New Jersey Statutes § 34:15-120 cover?
Section 34:15-120 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 § 34:15-120?
A common citation format is "New Jersey Statutes § 34:15-120" (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 § 34:15-120 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.