New Jersey § 56:12-95
Full text of New Jersey New Jersey Statutes § 56:12-95, with citation guidance and answers to common questions.
§ 56:12-95.
a. A provider of any service contract issued, offered for sale, or sold in this State
shall keep accurate accounts, books, papers, documents, and other records concerning
the activities and transactions regulated under this act. b. The provider's accounts, books, papers, documents, and other records shall include: (1) a copy of each contract issued or sold; (2) the name and address of each service contract holder, to the extent this information
is furnished by the contract holder; and (3) information concerning any claim arising under each contract, which shall include,
but not be limited to, the date of claim filing, claim description, and provider's
response. c. (1) Except as provided by paragraph (2) of this subsection, the provider shall
retain all records related to a contract required by the provisions of this section
for at least one year after the expiration of all contractual obligations under the
terms of the contract. (2) A provider discontinuing business in this State shall maintain the means of assuring
faithful performance to its contract holders as required by subsection a. of section
4 of this act and all records related to each contract issued or sold in this State
until the provider submits appropriate proof, satisfactory to the director, that it
discharged or transferred its contractual obligations for all contracts so issued
or sold. d. The records required and maintained pursuant to this section may be maintained
electronically or through other record keeping technology, but if maintained in a
format other than by hard copy, the records shall be capable of duplication to legible
hard copy at the request of the director.
Frequently Asked Questions About New Jersey § 56:12-95
What does New Jersey Statutes § 56:12-95 cover?
Section 56:12-95 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 § 56:12-95?
A common citation format is "New Jersey Statutes § 56:12-95" (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 § 56:12-95 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.