New Jersey § 56:8-126
Full text of New Jersey New Jersey Statutes § 56:8-126, with citation guidance and answers to common questions.
§ 56:8-126.
a. The director may establish that any person required to be registered pursuant to
this act maintain a bond issued by a surety authorized to transact business in this
State. The principal sum of the bond shall not be less than $25,000, which amount the director
may adjust by regulation. The bond shall be filed or deposited with the director for the use of any person
who is damaged or suffers any loss for any violation of this act. Any person claiming against the bond may maintain an action at law against the surety
or director, as the case may be. The aggregate liability of the surety or director to all persons for all breaches
of the conditions of the bond held by the director shall not exceed the amount of
the bond held by the director. b. The director may also establish that any person required to be registered pursuant
to this act file a copy of the bond with the director and a certificate by the surety
that the surety will notify the director at least 10 days in advance of the date of
any cancellation or material change in the bond.
Frequently Asked Questions About New Jersey § 56:8-126
What does New Jersey Statutes § 56:8-126 cover?
Section 56:8-126 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 § 56:8-126?
A common citation format is "New Jersey Statutes § 56:8-126" (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 § 56:8-126 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.