17:31-5 - Insurance commissioner's certificate of authority as evidence - New Jersey Statutes

17:31-5.  Insurance commissioner's certificate of authority as evidence
    The certificate of authority issued by the commissioner, pursuant to chapters 17 to 33 of this title (s. 17:17-1 et seq.), to a surety company of this or any other state or foreign country, shall be evidence of its qualification and authority to become and be accepted as sole surety on all bonds, undertakings, recognizances and obligations required or permitted by law  or the charter, ordinances, rules or regulations of any municipality, board,  body, organization or public officer, and of the solvency and credit of the  company for all purposes and its sufficiency as surety.