N.J.S.A. 54:4-3.146

Annual administration fee payable by owner to municipality

54:4-3.146. Annual administration fee payable by owner to municipality In addition to the annual payment required pursuant to section 7 of this act, the enabling ordinance may require, as part of the financial agreement, that the owner pay an annual administration fee to the qualified municipality, which fee shall not exceed one percent of the payment provided for herein. L.1989, c.207, s.8.

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This is the verbatim text of N.J.S.A. 54:4-3.146, 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.

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