New Jersey § acts:saved-32 - (64)
Full text of New Jersey New Jersey Statutes § acts:saved-32 — (64), with citation guidance and answers to common questions.
§ acts:saved-32. (64)
2. If it shall be necessary for either party to set apart, out of any funds available
therefor, any sum or sums to create a fund to be used for making compensation to owners
of real property or of any interest therein to be acquired for the purposes of this
contract, such fund shall be created within the state where such real property or
interest therein is located, by equal contributions of each of the contracting parties
hereto, and shall not be used for any other purpose until such compensation has been
fully made according to the law of the state wherein such real property or interest
therein is located. The fund so created shall be deposited with the custodian authorized by law to receive
and hold the same. If after the proceedings provided for in this article shall be concluded in either
state, there shall remain in such state any surplus of the fund so created, such surplus
shall be divided equally between the parties hereto and the amount due each state
shall be forthwith paid back into the general fund of its commission.
Frequently Asked Questions About New Jersey § acts:saved-32
What does New Jersey Statutes § acts:saved-32 cover?
Section acts:saved-32 ("(64)") 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 § acts:saved-32?
A common citation format is "New Jersey Statutes § acts:saved-32" (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 § acts:saved-32 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.