N.J. Admin. Code § 13:32A-5.6 - Actions on the surety bond
(a) Any person, partnership, or corporation
including any political subdivision of State government who has been injured, aggrieved, or damaged through
the failure of a master HVACR contractor to perform the duties required by
45:16A-1 et seq. or any rule of the Board shall be eligible to
receive the financial protection of, and may maintain an action on, the surety bond.
(b) Any restitution to a person, partnership, corporation, or any political
subdivision of State government ordered by the Board shall be eligible for the financial protection of the
surety bond.
(c) If a bond is used to respond to a claim pursuant
to (a) or (b) above, a master HVACR contractor shall replenish the bond so that its sum is $ 3,000 as
required by 45:16A-23.
Notes
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