N.J.S.A. 30:9-27.5 — Limitation on payment of deficits by county; independent audits by county auditor

30:9-27.5. Limitation on payment of deficits by county; independent audits by county auditor The liability of a county for annual operating deficits shall cease and terminate not later than 5 years from the making of the agreement between the municipality and the county. The auditor of the county may conduct independent audits of the consolidated hospital for the purpose of determining the amounts of any deficits incurred by the hospital during the said 5-year period in providing maternity and gynecological services pursuant to the agreement authorized by this act. L.1974, c. 8, s. 5, eff. March 5, 1974.

This is the verbatim text of N.J.S.A. 30:9-27.5, 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.