17:31-10 Definitions relative to issuance of bail bonds by surety companies. 1. As used in this act: "Bail agent or agency" means any person or entity that solicits, negotiates or sells bail bonds, or is affiliated in any manner with the execution of bail and is licensed as a limited lines insurance producer pursuant to P.L.2001, c.210 (C.17:22A-26 et seq.), an insurance producer or a limited insurance representative. "Commissioner" means the Commissioner of Banking and Insurance. "Surety company" means an insurer authorized to transact surety business in this State. L.2003,c.202,s.1.
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