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N.J. Stat. Ann. § 2A:15-96

Payment for losses resulting from accident without admission of liability

Known as the Punitive Damages Act

The act spans §§ 2–2 (79 sections).

L.1969, c. 280, s. 1, eff

Any person, including his insurer, may make payments to, or on behalf of, a potential plaintiff for losses or expenses resulting from any accident, without any admission of liability. Any such payment may be made without prejudice to the rights of any of the parties, including the insurer, but shall not be recoverable from a potential plaintiff. Any such payment shall be deducted from any settlement or judgment.

Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.