N.J.S.A. 5:5-41

Forfeiture of deposit

5:5-41. Forfeiture of deposit In the event of the failure of any permit holder to run horse races on the dates allotted by the commission through the fault or neglect of such permit holder, said sum of ten thousand dollars ($10,000.00) shall be forfeited to the account of said commission. L.1940, c. 17, p. 77, s. 21.

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This is the verbatim text of N.J.S.A. 5:5-41, 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.