New Jersey § 52:27BB-41 Sinking funds;  enforcement of recommendations

New Jersey Statutes

§ 52:27BB-41 — Sinking funds; enforcement of recommendations

New Jersey § 52:27BB-41

Title 52STATE GOVERNMENT, DEPARTMENTS AND OFFICERS

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Bluebook

N.J. Stat. Ann. § 52:27BB-41 (2026).

Text

If after forty-five days following filing of notice and statement of recommendations with the secretary of a sinking fund commission, the commission has failed or refused to act in accordance with such recommendations, the director may order the sinking fund commission to take such specific steps as he may find necessary and proper to protect the solvency and proper administration of the sinking fund. Orders may be enforced in accordance with sections fifty and fifty-two of this act. L.1947, c. 151, p. 659, s. 41.

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If after forty-five days following filing of notice and statement of recommendations with the secretary of a sinking fund commission, the commission has failed or refused to act in accordance with such recommendations, the director may order the sinking fund commission to take such specific steps as he may find necessary and proper to protect the solvency and proper administration of the sinking fund. Orders may be enforced in accordance with sections fifty and fifty-two of this act. L.1947, c. 151, p. 659, s. 41.