52:31-33. Residential property management fund
78 words·~1 min read·
/nj/title-52/chapter-31/52-31-33A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
There is created a Residential Property Management Fund to which the receipts derived from rent, charges and fees for residential housing shall be transferred or credited by the Director of Budget and Accounting. The receipts shall be annually appropriated to the General State Fund, except that an amount not to exceed 5% of the total receipts shall be appropriated annually to the board for the administration of this act.
L.1983, c. 468, s. 11, eff. Jan. 12, 1984.