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New Jersey Statutes Annotated (Tax)

N.J.S.A. § 54:5-136

Operating plan filed by joint municipal lien pool

Official textlis.njleg.state.nj.uslast amended

7. Prior to any initial bulk sale, public sale at auction or arrangement for use as collateral for a bond or note of municipal liens by a joint municipal lien pool, the pool shall file an operating plan for review and approval of the Local Finance Board. The operating plan shall include the procedure by which the sale, auction or issuance of bonds or notes shall be accomplished along with a method of distribution of revenues that exceed the costs of operating the activities of the pool. The Local Finance Board shall ensure that the operating plan is fiscally prudent, that the fees and costs to be incurred, including those for professional contracts, are appropriate and reasonable, and that the plan meets such other criteria as the board deems necessary.

L.1997,c.274,s.7.

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In this chapter (40 sections)
  1. 54:5-114.7. · Tax sale certificate not to be delivered before final…
  2. 54:5-114.8. · Action to bar right of redemption; redemption by payment…
  3. 54:5-114.9. · Cancellation of tax sale certificate
  4. 54:5-115. · Certain sales confirmed; subsequent liens continued
  5. 54:5-116. · Lands acquired at tax sale; exchange for park lands
  6. 54:5-121. · Conveyance or transfer of lands to state for use as forest…
  7. 54:5-122. · Release of obligation to collect taxes, etc.; exemption…
  8. 54:5-123. · Right of redemption
  9. 54:5-124. · Amount required to redeem
  10. 54:5-126a. · Conveyance of land not suitable for forest park…
  11. 54:5-126b. · Redemption of land from municipality; amount
  12. 54:5-127. · Transfer to county for park purposes of lands acquired at…
  13. 54:5-128. · Redemption after transfer of lands to county for park…
  14. 54:5-129. · Foreclosure by county of right to redeem
  15. 54:5-130 · Creation of joint municipal lien pool permitted
  16. 54:5-131 · Powers of joint municipal lien pool
  17. 54:5-132 · Municipal liens defined; exceptions
  18. 54:5-133 · Laws applicable to operation of pool
  19. 54:5-134 · Transfer of municipal lien
  20. 54:5-135 · Execution of lien certificates
  21. 54:5-136 · Operating plan filed by joint municipal lien pool
  22. 54:5-137 · Rules, regulations, orders
  23. 54A:5-1.1 · Certain IRA roll over amounts protected for 4 years
  24. 54A:5-1.2 · Determination of category of income net of expenses or…
  25. 54A:5-1.2a · Taxpayer, depreciation, eligible property expenditures,…
  26. 54A:5-2. · Losses
  27. 54A:5-3. · Taxability of estates, trusts and their beneficiaries
  28. 54A:5-4. · Taxability of partners
  29. 54A:5-6. · Husband and wife
  30. 54A:5-7. · Allocations of income of nonresidents
  31. 54A:5-8 · Income from sources within State for nonresident
  32. 54A:5-9 · S corporation tax exemption
  33. 54A:5-10. · Definitions
  34. 54A:5-11. · Initial basis of shareholder of S corporation stock
  35. 54A:5-12. · Limits on shareholder's losses
  36. 54A:5-13. · Shareholder's share of S corporation income prorated for…
  37. 54A:5-14. · Distributions made by S corporation, treatment
  38. 54A:5-15 · Determination of amount of category of income, certain…
  39. 54A:5-16 · Definitions
  40. 54A:5-17 · Cannabis licensees, gross income
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