New Jersey § 40:48-2.41 Maximum amount payable for transfer to municipality; limitation on reduction;  reissuance

New Jersey Statutes

§ 40:48-2.41 — Maximum amount payable for transfer to municipality; limitation on reduction; reissuance

New Jersey § 40:48-2.41

Title 40MUNICIPALITIES AND COUNTIES

This text of New Jersey § 40:48-2.41 (Maximum amount payable for transfer to municipality; limitation on reduction; reissuance) 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. § 40:48-2.41 (2026).

Text

No such contract shall authorize payment to the licensee for transfer of the license to the municipality of a sum in excess of $30,000.00 and no such contract shall result in the reduction in the number of retail consumption licenses to fewer than one for each 3,000 of the municipality's population, and no license so acquired by the municipality shall be reissued to any applicant. L.1968, c. 277, s. 2, eff. Sept. 4, 1968. Amended by L.1979, c. 61, s. 1, eff. April 4, 1979; L.1982, c. 62, s. 1.

Free access — add to your briefcase to read the full text and ask questions with AI

No such contract shall authorize payment to the licensee for transfer of the license to the municipality of a sum in excess of $30,000.00 and no such contract shall result in the reduction in the number of retail consumption licenses to fewer than one for each 3,000 of the municipality's population, and no license so acquired by the municipality shall be reissued to any applicant. L.1968, c. 277, s. 2, eff. Sept. 4, 1968. Amended by L.1979, c. 61, s. 1, eff. April 4, 1979; L.1982, c. 62, s. 1.