N.J. Admin. Code § 11:17-1.1

Current through Register Vol. 57, No. 1, January 6, 2025

Section 11:17-1.1 - Purpose and scope

(a) This chapter implements provisions of N.J.S.A. 17:22A-26 et seq., the New Jersey Insurance Producer Licensing Act of 2001 (the Act). The chapter concerns the licensing conduct of insurance producers and shall be considered part of the insurance law of the State of New Jersey, and violation of any provisions shall be sufficient cause for action against any person as permitted by statute. Specification of the standards of conduct shall not, however, prohibit the application of other insurance statutes or rules to licensed producers.

(b) Provisions of the Act and of this chapter shall be applied to all licensees, required to be licensed pursuant to the Act, including nonresident licensees, in connection with the licensing and standards of conduct on business for which a New Jersey insurance producer license is required.

Amended by R.1998 d.233, effective 5/18/1998.
See: 30 N.J.R. 779(a), 30 N.J.R. 1833(a).
In (b), deleted "New Jersey Insurance Provider Licensing" preceding "Act".
Amended by R.2002 d.354, effective 11/4/2002.
See: 34 N.J.R. 2286(a), 34 N.J.R. 2549(b), 34 N.J.R. 3839(a).
In (a), amended the N.J.A.C. reference and inserted "of 2001" following "New Jersey Insurance Producer Licensing Act"; in (b), substituted "required to be licensed pursuant to the Act" for "limited insurance representatives and other persons".