4:22-50.5. Termination of receivership
64 words·~1 min read·
/nj/title-4/chapter-22/4-22-50-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The receiver, owner, or operator 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 the terms the court deems necessary or appropriate to prevent the condition complained of from recurring.
L. 1986, c. 89, s. 5, eff. Aug. 14, 1986.