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2A:42-137 Petition for termination of receivership by owner.
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
:
42-137
Petition
for
termination
of
receivership
by
owner
.
2A
:
42-137
Petition
for
termination
of
receivership
by
owner
. 24. The
owner
may
petition
for
termination
of the
receivership
and reinstatement of the owner's rights at any time by providing notice to all parties in interest, unless the court shall establish a minimum duration...
... for the
receivership
in the order appointing the receiver, which minimum duration shall not exceed one year. The
owner
shall provide timely notice of the
petition
to the receiver and to all parties in interest. The court shall schedule a hearing on any such
petition
. Prior to holding a hearing on the owner's
petition
, the court shall request a report from the receiver with its recommendations for action with respect to the owner's
petition
. L.2003,c.295,s.24....
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