N.J.S.A. 45:16A-24 — Eligibility to obtain, retain pressure seal, license renewal; requirements.

45:16A-24 Eligibility to obtain, retain pressure seal, license renewal; requirements. 24. To be eligible to obtain and retain a pressure seal, and renew an HVACR license, a Master HVACR contractor shall: a. Secure, maintain and file with the board a certificate of general liability insurance from an insurance company authorized and licensed to do business in this State or proof of self-insurance approved by the Department of Banking and Insurance covering the Master HVACR contracting done by that HVACR contractor. The minimum amount of general liability insurance shall be $500,000 for the combined property damage and bodily injury to or death of one or more persons in any one accident or occurrence; and b. File with the board its Federal Tax Identification number. Every licensed HVACR contractor whose general liability policy is cancelled or nonrenewed shall submit to the board a copy of the certificate of general liability insurance for a new or replacement policy which meets the requirements of subsection a. of this section before the former policy is no longer effective. L.2007, c.211, s.24.

This is the verbatim text of N.J.S.A. 45:16A-24, 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.