26:2H-45. Termination of receivership
66 words·~1 min read·
/nj/title-26/chapter-2h/26-2h-45·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The receiver, owner or licensee may make a motion to terminate the receivership on grounds that the conditions complained of have been eliminated or remedied. The court may immediately terminate the receivership, or terminate the receivership subject to such terms as the court feels necessary or appropriate to prevent the condition or conditions complained of from recurring.
L.1977, c. 238, s. 10, eff. Sept. 29, 1977.