42:3-13.2. Time of renewal
80 words·~1 min read·
/nj/title-42/chapter-3/42-3-13-2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon the recording of such statement of renewal in the office of the clerk of the proper county, such association shall be renewed; provided, however, that the renewed term of such limited partnership association shall begin from the expiration of its former term whether original or renewed, and an association whose term has thus been renewed shall be the same association with all the rights, powers, duties and obligations as theretofore.
L.1963, c. 141, s. 2, eff. Aug. 26, 1963.