N.J. Admin. Code § 3:18-3.2
Current through Register Vol. 56, No. 24, December 18, 2024
The bond shall run to the State of New Jersey, pro rata, for the benefit of New Jersey consumers injured by the wrongful act, omission, default, fraud, or misrepresentation of the foreclosure consultant in the course of activity authorized by the license, and for the benefit of the Department for unpaid penalties, unpaid assessments, and any other unpaid obligations of the foreclosure consultant to the Department, including, but not limited to, returned items submitted to the Department in payment of penalties, charges, assessments, or fees.
N.J. Admin. Code § 3:18-3.2