| PREVIOUS SECTION | Go back to sections | Go back to the chapter | Go back to the N.J. Statutes homepage | NEXT SECTION |
New Jersey Statutes, Title: 12, COMMERCE AND NAVIGATION
Chapter 7c: Flat-bottomed boat, barge, scow or raft; abandonment; misdemeanor
Section: 12:7c-3: Redemption
At any time prior to the sale, any flat-bottomed boat, barge, scow or raft seized and forfeited to a municipality in accord with section 2 of this act, may be redeemed by the owner thereof, or other person entitled thereto upon payment to the municipality of an amount equal to the actual expense incurred by the municipality in removing such vessel and placing it in a boat storage basin plus 6\% interest, or an amount equal to $10.00 per day for every day from the date of forfeiture, whichever is the greater.
L.1969, c. 264, s. 3, eff. Jan. 9, 1970.
This section added to the Rutgers Database: 2013-06-10 16:36:30.
Older versions of 12:7c-3 (if available):
Court decisions that cite this statute:
CLICK HERE.