13:17-58. Deposit of funds in improvement assessment account
49 words·~1 min read·
/nj/title-13/chapter-17/13-17-58A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All assessments as collected shall be immediately placed in an account to be known as "improvement assessment account." Such moneys shall be used only to pay the cost of such improvements or indebtedness incurred for such improvements or interest or premium, if any thereon.
L.1968, c. 404, s. 57.