| 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: 38, MILITIA--SOLDIERS, SAILORS AND MARINES
Chapter 23b: Purpose of act
Section: 38:23b-16: Liquidation of notes purchased; deferred payments
The commissioner shall proceed to liquidate notes purchased by the authority as rapidly as possible, but shall develop and adopt programs for deferred payments by makers of such notes to avoid undue hardship or sacrifice of business values, without regard to the six-year limitations on maturity elsewhere contained in this act.
L.1944, c. 126, p. 349, s. 16. Amended by L.1945, c. 185, p. 630, s. 13, eff. April 17, 1945.
This section added to the Rutgers Database: 2012-09-26 13:37:51.
Older versions of 38:23b-16 (if available):
Court decisions that cite this statute:
CLICK HERE.