N.J.S.A. 15:8-7

Disposition of accumulated fire department fund on expiration of charter

15:8-7. Disposition of accumulated fire department fund on expiration of charter When the volunteer fire department in any city has accumulated or shall accumulate a fire department fund for the benefit of said departments, such funds, on the expiration of the charters of said departments by limitation of law or otherwise, if the department maintains an existence as an exempt fire association, shall revert to and become the property of said exempt association as aforesaid.

External source: View on Justia →

This is the verbatim text of N.J.S.A. 15:8-7, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.