New Jersey § acts:saved-54 - (49)
Full text of New Jersey New Jersey Statutes § acts:saved-54 — (49), with citation guidance and answers to common questions.
§ acts:saved-54. (49)
15. Any holder of a lien by way of mortgage or otherwise may pay any installment of any
tax, or tax sale certificate, assessment, including any installment of arrears extended
under this act, at any time after the same has been assessed or levied upon filing
with the collecting officer a certificate stating his name and address and lien, and
shall then be entitled to add to the amount of his lien, the sum so paid with interest
thereon from the date of payment; but in such case if the owner or any other prior
party in interest shall thereafter pay the same to the collecting officer, the latter
shall give a special receipt for such payment, and shall immediately notify the lienholder
who made the first payment thereof; and said lienholder shall be entitled to receive
from the collecting officer the amount of such payment with such additional interest
as may be collected from the owner or any other prior party in interest; and all
further rights of such lienholder under such payment shall immediately cease.
Frequently Asked Questions About New Jersey § acts:saved-54
What does New Jersey Statutes § acts:saved-54 cover?
Section acts:saved-54 ("(49)") 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.