5:5-41. Forfeiture of deposit
53 words·~1 min read·
/nj/title-5/chapter-5/5-5-41A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In the event of the failure of any permit holder to run horse races on the dates allotted by the commission through the fault or neglect of such permit holder, said sum of ten thousand dollars ($10,000.00) shall be forfeited to the account of said commission.
L.1940, c. 17, p. 77, s. 21.