New Jersey § 56:12-88
Full text of New Jersey New Jersey Statutes § 56:12-88, with citation guidance and answers to common questions.
§ 56:12-88.
a. Service contracts may be issued, offered for sale, or sold in this State only in
accordance with the provisions of this act. b. The following shall be exempt from the provisions of this act: (1) warranties; (2) maintenance agreements; (3) service contracts on property if the property for which the service contract is
sold has a purchase price of $250 or less, excluding sales tax; (4) mechanical breakdown insurance policies offered by licensed insurers pursuant
to the insurance laws of this State; (5) motor club or association membership contracts that primarily provide for roadside
assistance and towing services in situations that involve impairment of the operation
of a member's motor vehicle, for reasons that include, but are not limited to, mechanical
breakdown or adverse road conditions; (6) newspapers that accept or publish advertising for items that fall within the scope
of this act; (7) service contracts on emergency, life safety, or property safety goods; and (8) service contracts issued, offered, or sold: (a) by a public utility to the extent that the public utility is regulated by the
Board of Public Utilities, or by a person providing central heating and air conditioning
services, but only with respect to a service contract regarding the product sold to
a consumer or installed or repaired for the consumer at the consumer's household by
a utility, a subsidiary of a utility, or a person providing central heating and air
conditioning services; or (b) to any person other than a consumer. c. Service contracts are not insurance in this State or otherwise regulated under
Title 17 of the Revised Statutes. The making, proposing to make, issuing, marketing, offering, selling, administering
of, or providing contractual obligations for, a service contract shall not be construed
to be the business of insurance and shall be exempt from regulation as insurance pursuant
to Title 17 of the Revised Statutes, however nothing in this act shall be construed
to exempt the making, issuing, marketing, offering, or selling of a reimbursement
insurance policy from any applicable provisions of Title 17 of the Revised Statutes.
Frequently Asked Questions About New Jersey § 56:12-88
What does New Jersey Statutes § 56:12-88 cover?
Section 56:12-88 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 § 56:12-88?
A common citation format is "New Jersey Statutes § 56:12-88" (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 § 56:12-88 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.