New Jersey Statutes
§ 40:14A-42 — Maintenance, performance guarantee; cash requirement
New Jersey § 40:14A-42
JurisdictionNew Jersey
Title 40MUNICIPALITIES AND COUNTIES
This text of New Jersey § 40:14A-42 (Maintenance, performance guarantee; cash requirement) 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. § 40:14A-42 (2026).
Text
5.A sewerage authority shall not require that a maintenance guarantee required pursuant to section 3 of P.L.1999, c.11 (C.40:14A-40) be in cash or that more than 10% of a performance guarantee pursuant to that section be in cash. A developer may, however, provide at his option some or all of a maintenance guarantee in cash, or more than 10% of a performance guarantee in cash. L.1999,c.11,s.5.
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Nearby Sections
15
§ 40:14A-1
Citation of act§ 40:14A-10
Bonds; issuance authorized§ 40:14A-12
Funding or refunding bonds§ 40:14A-13
Interim certificates or bonds§ 40:14A-15
Negotiability of bonds§ 40:14A-16
Provisions authorized in bond resolution§ 40:14A-18
Receiver; powers§ 40:14A-19
Liability on bonds; exemptions§ 40:14A-2
Declaration of policy; purpose§ 40:14A-20
Real property; acquisitionCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 40:14A-42, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/40/40%3A14A-42.