N.J.S.A. 54:4-122.6 — System of internal checks in lieu of minimum penalties

54:4-122.6. System of internal checks in lieu of minimum penalties Any municipality, in lieu of complying with the minimum penalties fixed by the State Board, pursuant to section five of this act, may maintain a system of internal checks upon the tax collection process in the manner prescribed by either section seven, section eight or section nine of this act, as the case may be, or in such other manner, adequate to insure verifiable accounting for cash receipts, as the State Board may authorize or approve. L.1940, c. 257, p. 970, s. 6.

This is the verbatim text of N.J.S.A. 54:4-122.6, 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.