New Jersey § 5:12-130
Full text of New Jersey New Jersey Statutes § 5:12-130, with citation guidance and answers to common questions.
§ 5:12-130.
No payment of net earnings during the period of the conservatorship may be made by
the conservator without the prior approval of the commission, which may, in its discretion,
direct that all or any part of same be paid either to the suspended or former licensee
or to the Casino Revenue Fund in accordance with regulations of the commission; provided,
however, that the former or suspended licensee shall be entitled to a fair rate of
return out of net earnings, if any, during the period of the conservatorship on the
property retained by the conservator, taking into consideration that which amounts
to a fair rate of return in the casino industry or the hotel industry, as the case
may be.
Frequently Asked Questions About New Jersey § 5:12-130
What does New Jersey Statutes § 5:12-130 cover?
Section 5:12-130 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 § 5:12-130?
A common citation format is "New Jersey Statutes § 5:12-130" (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 § 5:12-130 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.