N.J.S.A. 40:67-12.2

Time for fixing value of property; payment into court

40:67-12.2. Time for fixing value of property; payment into court In fixing the compensation for any property taken in pursuance of section 40:67-12.1, the value of such property shall be fixed as of the date of the entry thereon by the municipality and the owner shall be entitled to interest upon the value of such property from the date of such entry to the date of payment of such compensation to the owner or into the court. Amended by L.1953, c. 37, p. 729, s. 234, eff. March 19, 1953.

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This is the verbatim text of N.J.S.A. 40:67-12.2, 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.

N.J.S.A. 40:67-12.2 — Time for fixing value of property; payment into court | Kyzer