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2A:42-129 Responsibilities of receiver in possession of the building.
New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 2A ADMINISTRATION OF CIVIL AND CRIMINAL JUSTICE
...
2A
:
42-129
Responsibilities
of
receiver
in
possession
of the
building
.
2A
:
42-129
Responsibilities
of
receiver
in
possession
of the
building
. 16. While in
possession
of the
building
, the
receiver
shall: a. Maintain, safeguard, and insure the
building
; b. Apply all revenue generated from the
building
consistent with the purposes of P.L.2003, c.295 (C.2A:42-114 et al.) and the provisions of the plan submitted to and approved by the court. In...
... the case of an officer or agent of a municipality acting as a
receiver
pursuant to the provisions of section 1of P.L.1942, c.54 (C.54:5-53.1), no revenue shall be applied to any arrears in property taxes or other municipal...
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