New Jersey § 52:27-34
Full text of New Jersey New Jersey Statutes § 52:27-34, with citation guidance and answers to common questions.
§ 52:27-34.
The Superior Court may take jurisdiction of an action brought by any creditors of
a municipality in which the commission shall function, where the action is instituted
by the plaintiff or plaintiffs on behalf of themselves and all other creditors of
the municipality, for the approval of a plan of adjustment or composition of the claims
of all creditors or of a class or classes of them similarly situated. The court may proceed in the action in a summary manner or otherwise. The municipality, the commission and all creditors of the municipality shall be made
parties to the action and any creditor of the municipality may appear and assert his
rights.
Frequently Asked Questions About New Jersey § 52:27-34
What does New Jersey Statutes § 52:27-34 cover?
Section 52:27-34 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 § 52:27-34?
A common citation format is "New Jersey Statutes § 52:27-34" (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 § 52:27-34 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.