{"@id":"https://credentialengineregistry.org/resources/ce-6f7fecd1-2b93-479b-946e-1fcddf4d0acc","@type":"ceterms:License","@context":"https://credreg.net/ctdl/schema/context/json","ceterms:ctid":"ce-6f7fecd1-2b93-479b-946e-1fcddf4d0acc","ceterms:name":{"en-US":"Insurance Producer"},"ceterms:ownedBy":["https://credentialengineregistry.org/resources/ce-9e65787d-53ef-4a45-8a61-50c44b2b4d68"],"ceterms:offeredBy":["https://credentialengineregistry.org/resources/ce-9e65787d-53ef-4a45-8a61-50c44b2b4d68"],"ceterms:inLanguage":["en"],"ceterms:description":{"en-US":"According to New Jersey law, any legally formed business entity transacting insurance related business must maintain a separate producer license. Any individual producer licensee transacting insurance related business through a non-licensed business entity is in violation of the New Jersey Insurance Producer Licensing Act of 2001 and subject to an administrative penalty. In addition, each business entity must have at least one New Jersey licensed individual producer."},"ceterms:subjectWebpage":"https://www.nj.gov/dobi/insliced/prodfaqs.htm#prelicense","ceterms:credentialStatusType":{"@type":"ceterms:CredentialAlignmentObject","ceterms:framework":"https://credreg.net/ctdl/terms/CredentialStatus","ceterms:targetNode":"credentialStat:Active","ceterms:frameworkName":{"en-US":"Credential Status"},"ceterms:targetNodeName":{"en-US":"Active"},"ceterms:targetNodeDescription":{"en-US":"Awards of the credential are ongoing."}}}