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Current as of January 01, 2024 | Updated by Findlaw Staff
5. All moneys received upon sales made in pursuance of any of the provisions of this act shall be deposited with the treasurer of the town, and the surplus, if any, remaining in any case, after deducting the amount of the tax, assessment and lien, and interest and expenses of sale and disbursements, shall be held for the use of and paid over to the person legally entitled thereto upon his establishing his right to the same; provided, however, that interest thereon shall not be recovered from the town; and the circuit court of the county in which such town is situated shall, upon the petition of any person interested in the surplus, have jurisdiction to order and direct the distribution, payment and investment of the same according to the facts and circumstances of each case and as shall be just and equitable.
Cite this article: FindLaw.com - New Jersey Acts Saved from Repeal ACTS SAVED 54 § 6-4(5) - last updated January 01, 2024 | https://codes.findlaw.com/nj/acts-saved-from-repeal/nj-st-sect-acts-saved-54-6-4-5/
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