New Jersey § 45:15-41 Revocation of license upon issuance of court order for payment from fund.

New Jersey Statutes

§ 45:15-41 — Revocation of license upon issuance of court order for payment from fund.

New Jersey § 45:15-41

Title 45PROFESSIONS AND OCCUPATIONS

This text of New Jersey § 45:15-41 (Revocation of license upon issuance of court order for payment from fund.) 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. § 45:15-41 (2026).

Text

8.Upon the issuance of a court order for payment from the real estate guaranty fund the license of the broker, broker-salesperson, or salesperson, whose acts gave rise to the claim, shall be revoked and no such broker, broker-salesperson, or salesperson shall be eligible for reinstatement of his license until he shall have satisfied the judgment in full including reimbursement of the real estate guaranty fund together with interest. L.1976, c.112, s.8; amended 1993, c.51, s.40; 2009, c.238, s.22; 2018, c.71, s.28.

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8. Upon the issuance of a court order for payment from the real estate guaranty fund the license of the broker, broker-salesperson, or salesperson, whose acts gave rise to the claim, shall be revoked and no such broker, broker-salesperson, or salesperson shall be eligible for reinstatement of his license until he shall have satisfied the judgment in full including reimbursement of the real estate guaranty fund together with interest. L.1976, c.112, s.8; amended 1993, c.51, s.40; 2009, c.238, s.22; 2018, c.71, s.28.