New Jersey § 46:3b-14
Full text of New Jersey New Jersey Statutes § 46:3b-14, with citation guidance and answers to common questions.
§ 46:3b-14.
a. The commissioner is hereby authorized to advance moneys out of the fund for the
remediation of structural damages due to defective FRT plywood occurring in structures
covered by an approved warranty program, subject to the provisions and requirements
of this act. b. A claim for such advance funding may be made by any owner of the affected structure,
jointly by any owner and builder of the affected structures, any builder who undertakes
to remediate the cited damages, or any warranty guarantor who undertakes to reimburse
the owner or builder for the costs of such remediation. Approval and payment of such claim shall be conditioned upon the claimant's assigning
to the State of New Jersey, for the use of the fund, the claimant's rights in any
claim upon any responsible party, or in any other recovery of funds, that may arise
out of the damage cited in the claim. As a condition of any assignment and as a precondition to the receipt of any advance
funding pursuant to this section, a claimant that has not previously instituted suit
to recover damages on grounds of failure of FRT plywood shall provide the Department
of Community Affairs with all documents and information in the possession of the claimant
or of the claimant's counsel or representative that may be relevant to the State's
effort to recover from responsible parties, and shall agree to cooperate fully with
the Department of Community Affairs and the Attorney General's Office in the prosecution
of any legal action to obtain such recovery. If the claimant has previously instituted suit to recover such damages, then the
claimant and its counsel, as a condition of any assignment and receipt of advance
funding shall cooperate with the Attorney General's pursuit of the claim or any related
civil action in accordance with the provisions of section 6 of this act. The failure of any claimant or its counsel, employees, members, or agents to cooperate
fully with the Attorney General or the commissioner shall constitute a basis to deny
payment of the claim and the refusal of its assignment or, in the instance that the
claim has already been paid and assigned, for the rescission of the assignment and
the recovery by the commissioner of any monies paid by the commissioner to the claimant
pursuant to this act. All documents and information communicated to the Attorney General and the commissioner
by the claimant or its counsel under this section and under section 6 of this act 1 shall be fully protected by all privileges applicable by statute, court rule, or
common law for attorney-client communications and attorney work product, and the communication
of that information to the Attorney General or the commissioner by claimant or its
counsel shall not be deemed a waiver of any of those privileges and shall not be deemed
to provide a basis to require those communications to be disclosed to potentially
responsible parties, or their counsel, or others. c. A claim pursuant to this section shall be filed with the commissioner in such manner
and form, and accompanied by such supporting data, as the commissioner shall by regulations
require. Upon review of such claim the commissioner may require, and the claimant shall supply,
such additional data and other information as the commissioner deems necessary in
order to substantiate approval of the claim in accordance with the standards set forth
in section 3 of this act. 2 d. The commissioner is hereby authorized to expend moneys of the fund for the expenses
of administration of claims made under this section, including the costs of receiving,
verifying and paying such claims, of handling or resolving administrative hearings
or litigation arising out of claims that are rejected by the commissioner for advance
funding, and of pursuing the recovery of moneys on behalf of the fund pursuant to
section 5 of this act. 3 e. For purposes of this act “owner” means, for purposes of a claim involving a structure
or structures that is filed under this act, an individual fee simple owner, an association
of individual owners or lessees that is responsible for the maintenance or replacement
of the roof structure or an association formed for the purpose of pursuing a unified
claim under this act. f. For the purposes of this section “undertakes” means, for purposes of a claim filed
by a builder or warranty guarantor, a written agreement or written acknowledgement
by the builder to remediate the cited damages for the structure or structures for
which the claim is being filed, or a written agreement or written acknowledgement
by the warranty guarantor to reimburse the owner or builder for the costs to remediate
the cited damages for the structure or structures for which the claim is being filed. 1
N.J.S.A. § 46:3B-18. 2
N.J.S.A. § 46:3B-15. 3
N.J.S.A. § 46:3B-17.
Frequently Asked Questions About New Jersey § 46:3b-14
What does New Jersey Statutes § 46:3b-14 cover?
Section 46:3b-14 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 § 46:3b-14?
A common citation format is "New Jersey Statutes § 46:3b-14" (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 § 46:3b-14 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.