New Jersey § acts:saved-54 - (1)
Full text of New Jersey New Jersey Statutes § acts:saved-54 — (1), with citation guidance and answers to common questions.
§ acts:saved-54. (1)
1. Whenever the governing body of any municipality of this state shall, by resolution
adopted during the calendar year one thousand nine hundred and thirty-five, declare
that it is for the best interest of its citizens that the provisions of this act be
made available to its property owners, then all taxes, assessments, tax sale certificates
held by the municipality or other municipal liens in arrears on January first, one
thousand nine hundred and thirty-five, and not yet paid and satisfied, together with
the interest and penalties thereon, shall, when brought under the provisions of this
act by compliance with section seven of this act, and subject to the conditions hereinafter
set out be totaled as of said date; and the payment of such totaled sum shall be
spread over a period of five years, and the same shall be payable in monthly or quarterly
installments as stated in said resolution commencing August first, one thousand nine
hundred and thirty-five, with interest on the several unpaid balances at the rate
of seven per cent (7%) per annum, payable on the same quarterly dates.
Frequently Asked Questions About New Jersey § acts:saved-54
What does New Jersey Statutes § acts:saved-54 cover?
Section acts:saved-54 ("(1)") 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-54?
A common citation format is "New Jersey Statutes § acts:saved-54" (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-54 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.