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The New Jersey Administrative Code (N.J.A.C.) is a compilation of all rules adopted by state agencies. [6] All state rulemaking notices are reviewed and processed by the Division of Administrative Rules within the New Jersey Office of Administrative Law for publication in the New Jersey Register, published twice a month. [7]
The term "total loss" can refer to any of these risks, but commonly involves a loss of the hull or cargo. Total losses may be actual total loss or constructive. [11] If the policy is a "valued" policy (so that the ship or cargo has an "agreed value" rather than a "market value"), then, in the absence of fraud, the agreed value is conclusive ...
"The yacht owner shall indemnify, defend, and hold harmless the marina from any costs, expenses, damages, and against all claims, demands, loss, lawsuits, including judgments and attorney fees for damages to property, injury or life to third parties resulting or arising from the yacht owner's use of the yacht."
How to handle a total loss claim, even when it goes awry If your vehicle is stolen , you first need to call the police and file a stolen vehicle report. Only then can you file an insurance claim.
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The limited liability form essentially acts as a corporate veil that protects owners from liabilities of the business. [2] This means that when a business is found liable in a case, the owners are not themselves liable; rather, the business is. Thus, only the funds or property the owner(s) have invested into the business are subject to that ...