New Jersey Statutes 2A:84A-42. Applicability of rules to pending proceedings or existing rights or remedies
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Terms Used In New Jersey Statutes 2A:84A-42
- Contract: A legal written agreement that becomes binding when signed.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
No rule adopted pursuant to this article shall be made applicable to pending proceedings or to existing rights or remedies except to the extent that such application is fair and practicable, and does not impair the obligation of contracts or deprive a party of any remedy for enforcing a contract which existed when the contract was made.
L.1960, c. 52, p. 462, s. 42, eff. June 20, 1960.