New Jersey Statutes 52:31-33. Residential property management fund
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Terms Used In New Jersey Statutes 52:31-33
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
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.