New Jersey § 48:4-50
Full text of New Jersey New Jersey Statutes § 48:4-50, with citation guidance and answers to common questions.
§ 48:4-50.
Nothing contained in this article shall be construed to repeal any law permitting
self-insurance of motor vehicles carrying passengers for hire, nor shall the foregoing
requirements as to insurance apply to a vehicle owned or operated by a nonresident
who is a self-insurer under the laws of the state of which he is a resident and in
which such vehicle is registered, if such laws are substantially similar to the laws
of this state with respect to the qualifications for self-insurance; provided, any
such nonresident self-insurer shall have filed with the board of public utility commissioners
a certified copy of the certificate permitting such operator to be a self-insurer
under the laws of the state of which he is a resident and in which the motor vehicle
is registered; the board may reject any such certificate of self-insurance if and
when it determines, after hearing upon notice in writing to the self-insurer, that
such self-insurer is not financially responsible to respond in damages.
Frequently Asked Questions About New Jersey § 48:4-50
What does New Jersey Statutes § 48:4-50 cover?
Section 48:4-50 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 § 48:4-50?
A common citation format is "New Jersey Statutes § 48:4-50" (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 § 48:4-50 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.