New Jersey § 33:1-19.5 Issuance of license or rejection of all bids;  postponement or cancellation of sale;  disposition of funds

New Jersey Statutes

§ 33:1-19.5 — Issuance of license or rejection of all bids; postponement or cancellation of sale; disposition of funds

New Jersey § 33:1-19.5

Title 33INTOXICATING LIQUORS

This text of New Jersey § 33:1-19.5 (Issuance of license or rejection of all bids; postponement or cancellation of sale; disposition of funds) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 33:1-19.5 (2026).

Text

Upon the conclusion of a sale the issuing authority shall issue a license to the highest qualified bidder therefor upon payment of his bid and the license fee, or shall reject all bids if the highest bid is not accepted. A sale may be postponed or canceled at any time prior to the opening of the bids. Funds derived from the conduct of a sale shall be remitted to the municipal treasurer for the general use of the municipality. L.1981, c. 416, s. 3, eff. Jan. 9, 1982.

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Upon the conclusion of a sale the issuing authority shall issue a license to the highest qualified bidder therefor upon payment of his bid and the license fee, or shall reject all bids if the highest bid is not accepted. A sale may be postponed or canceled at any time prior to the opening of the bids. Funds derived from the conduct of a sale shall be remitted to the municipal treasurer for the general use of the municipality. L.1981, c. 416, s. 3, eff. Jan. 9, 1982.