Personal liability means personal liability for a debt, liability, or other obligation of an organization which is imposed on a person that co-owns, has an interest in, or is a member of the organization:
Legal Liability means responsibility which courts recognize and enforce between persons who sue one another.
Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.
General Liability means any and all liability which may be insured under the laws of the State of New Jersey, excluding workers’ compensation, and employer’s liability. The exact definition of a “general liability” or similar terms is the definition used in the insurance policy issued by the Commission.
national law means the law of the country where the registered office of the Issuer is established.