38:23B-16 - Liquidation of notes purchased; deferred payments - New Jersey Statutes

38:23B-16.  Liquidation of notes purchased;  deferred payments
    The commissioner shall proceed to liquidate notes purchased by the authority  as rapidly as possible, but shall develop and adopt programs for deferred  payments by makers of such notes to avoid undue hardship or sacrifice of  business values, without regard to the six-year limitations on maturity  elsewhere contained in this act.

     L.1944, c. 126, p. 349, s. 16.  Amended by L.1945, c. 185, p. 630, s. 13, eff.  April 17, 1945.