New Jersey § 34:15-25
Full text of New Jersey New Jersey Statutes § 34:15-25, with citation guidance and answers to common questions.
§ 34:15-25.
Compensation may be commuted by the bureau at its present value, when discounted at
five per centum (5%) simple interest, upon application of either party, with due notice
to the other, if it appears that such commutation will be for the best interest of
the employees or the dependents of the deceased employee, or that it will avoid undue
expense or undue hardship to either party, or that the employee or dependent has removed
or is about to remove from the United States, or that the employer has sold or otherwise
disposed of the greater part of his business or assets. Unless so approved, no compensation payments shall be commuted. In determining whether commutation will be for the best interest of the employee or
the dependents of the deceased employee, or that it will avoid undue expense or undue
hardship to either party, the bureau and the Superior Court will regard the intention of this chapter that compensation payments are in
lieu of wages, and are to be received by the injured employee or his dependents in
the same manner in which wages are ordinarily paid. Commutation is to be allowed only when it clearly appears that an unusual circumstance
warrants a departure from the normal manner of payment and not to enable the injured
employee or dependents of a deceased employee to satisfy a debt, or to make payment
to physicians, lawyers or others.
Frequently Asked Questions About New Jersey § 34:15-25
What does New Jersey Statutes § 34:15-25 cover?
Section 34:15-25 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 § 34:15-25?
A common citation format is "New Jersey Statutes § 34:15-25" (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 § 34:15-25 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.