New Jersey § 2a:42-127
Full text of New Jersey New Jersey Statutes § 2a:42-127, with citation guidance and answers to common questions.
§ 2a:42-127.
a. Neither the filing of a complaint under section 4 of P.L.2003, c. 295 ( C.2A:42-117 ) nor the appointment of a receiver under subsection a. of section 10 of P.L.2003, c. 295 ( C.2A:42-123 ) shall stay the filing or continuation of any action to foreclose a mortgage or lien
on the building or to sell the property for delinquent taxes or unpaid municipal liens. b. In the event that ownership of the building changes as a result of foreclosure
while a receiver is in possession, including possession by the municipality pursuant
to a tax foreclosure action, the property shall remain subject to the receivership
and the receiver shall remain in possession and shall retain all powers delegated
under this action unless and until the receivership is terminated under the provisions
of P.L.2003, c. 295 ( C.2A:42-114 et al.).
Frequently Asked Questions About New Jersey § 2a:42-127
What does New Jersey Statutes § 2a:42-127 cover?
Section 2a:42-127 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 2a:42-127?
A common citation format is "New Jersey Statutes § 2a:42-127" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 2a:42-127 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.