N.J.S.A. 5:5-40

Deduction from deposit of deficiency in payments

5:5-40. Deduction from deposit of deficiency in payments In the event such permit holder does not make all the payments due and payable hereunder, to the extent of such failure to pay, there shall be deducted from such ten thousand dollars ($10,000.00) sufficient to pay any such deficiency. L.1940, c. 17, p. 77, s. 20.

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This is the verbatim text of N.J.S.A. 5:5-40, 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. 5:5-40 — Deduction from deposit of deficiency in payments | Kyzer