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NEW JERSEY STATUTES AND CODES

52:27BB-41 - Sinking funds;  enforcement of recommendations

52:27BB-41.  Sinking funds;  enforcement of recommendations
    If after forty-five days following filing of notice and statement of recommendations with the secretary of a sinking fund commission, the commission  has failed or refused to act in accordance with such recommendations, the  director may order the sinking fund commission to take such specific steps as  he may find necessary and proper to protect the solvency and proper  administration of the sinking fund.  Orders may be enforced in accordance with  sections fifty and fifty-two of this act.

     L.1947, c. 151, p. 659, s. 41.
 

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