New Jersey Statutes 5:12-130.6. Payments following a bulk sale
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Terms Used In New Jersey Statutes 5:12-130.6
- 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
Payments Following a Bulk Sale. Following any sale, assignment, conveyance or other disposition in bulk of all the property subject to the conservatorship, the net proceeds therefrom, if any, after payment of all obligations owing to the State of New Jersey and any political subdivision thereof and of those allowances set forth in section 33 of this amendatory and supplementary act, shall be paid by the conservator to the former or suspended licensee.
L. 1978, c. 7, s. 35A; amended 1987,c.410,s.19.