New Jersey Statutes
§ 40:55D-53.3 — Maintenance, performance guarantees
New Jersey § 40:55D-53.3
JurisdictionNew Jersey
Title 40MUNICIPALITIES AND COUNTIES
This text of New Jersey § 40:55D-53.3 (Maintenance, performance guarantees) 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. § 40:55D-53.3 (2026).
Text
14.A municipality shall not require that a maintenance guarantee required pursuant to section 41 of P.L.1975, c.291 (C.40:55D-53) 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.1991,c.256,s.14.
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Nearby Sections
15
§ 40:55D-1
Short title§ 40:55D-10
Hearings.§ 40:55D-10.1
Informal review§ 40:55D-10.4
Default approval§ 40:55D-100
Short title§ 40:55D-101
Legislative findings and declarations§ 40:55D-102
Definitions§ 40:55D-103
Manufactured homes on land with title in owner§ 40:55D-104
Prohibition of use by municipal agency of discriminatory development regulations to exclude or restrict§ 40:55D-106
Trailers; inapplicability of act§ 40:55D-107
Historic preservation commission§ 40:55D-109
Responsibilities of commissionCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 40:55D-53.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/40/40%3A55D-53.3.