40A:4-27.2. Municipal "cap" exemption
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/nj/title-40a/chapter-4/40a-4-27-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any monies due a municipality pursuant to the provisions of section 40 of P.L. 1985, c. 38 (C. 48:13A-5.1) may be anticipated by the municipality for the purposes of preparing its annual budget.
L. 1985, c. 38, s. 41; amended by L. 1987, c. 74, s. 8.