N.J.S.A. 17:33B-4

Liability under deferred payment plan

17:33B-4. Liability under deferred payment plan Notwithstanding any provision of law to the contrary, no insured or other person covered under an association policy shall be held liable for payment of any claim attributable to damages subject to a deferred payment plan implemented pursuant to paragraph (2) of subsection b. of section 21 of this 1990 amendatory and supplementary act until payment is made to the covered person pursuant to the deferred payment plan. L.1990,c.8,s.22.

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This is the verbatim text of N.J.S.A. 17:33B-4, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.