New Jersey statute
N.J.S.A. 2C:35B-7 — No third party damage payments; assignment of cause of action restricted
Current through P.L.2025, c.346, and J.R.22
Part of Chapter 35B, Colorado Revised Statutes.
Full text of N.J.S.A. 2C:35B-7
Statutory text current through the P.L.2025, c.346, and J.R.22. This is an officially sanctioned publication using the official text of the Colorado Revised Statutes; it is not the official statutes of the State of Colorado.
7. a. A third party shall not pay damages awarded under this act, or provide a defense or money for a defense, on behalf of an insured under a contract of insurance or indemnification.
b. A cause of action authorized pursuant to this act may not be assigned, either expressly, by subrogation, or by any other means, directly or indirectly, to any public or publicly funded agency or institution.
L.2001, c.114, s.7.
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